12:17 - 7.04.2026
April 7, Fineko/abc.az. Samsung Electronics has registered a record operating profit of 57.2 trillion wons ($37.9 billion) for the quarter ended in March, which is more than 8-fold higher than the previous year and significantly higher than analysts' forecast of 39.3 trillion wons.
ABC.AZ reports that growth was mainly driven by orders for high-speed memory and chips for data centers - their production contributed nearly 90% to the overall operating profit. Company's earnings amounted to 133 trillion wons against the expected 116.8 trillion wons.
Samsung shares rose 4.9%, while shares of competitor SK Hynix rose 5.3%, reflecting a recovery in investor confidence. The full financial statements, including net profit and business unit data, will be published on April 30.
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