Samsung presented its financial results for the 1st quarter of 2012
The South Korean company Samsung Electronics introduced its audited financial results for the past first quarter of 2012 ended March 31, 2012, which was recorded revenues of $ 45.27 trillion Korean Won on a consolidated basis, which is 22 percent higher compared to the same period last year .
For the quarter operating profit of the company has reached an unprecedented 5.85 trillion Won, which is 98 percent higher compared to last year's figures. Net income for the period January-March amounted to 5.05 trillion Won.
Such high levels of the company managed to achieve by increasing profitability in the sector of sales displays, and mobile terminals, despite the decline in sales of semiconductors and televisions connected to seasonal factors.
Consolidated operating profit division IT & Mobile Communications reaches $ 4.27 trillion Won on revenue of 23.32 trillion Won.
Strong growth in unit focused on the production of mobile terminals (Mobile Communications businesses), a manufacturer links, including the lively and sales of its flagship Android device - GALAXY Note and GALAXY S II, in total, and has contributed to the profitability of the company as a whole.
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