Samsung Electronics Announces Fourth Quarter and FY 2020 Results

 

Quarterly operating profit at KRW 9.05 trillion on sales of KRW 61.55 trillion

Expects weaker Q1 results overall, memory market expected to recover in H1

Samsung Electronics today reported financial results for the fourth quarter and the fiscal year 2020.

The Company posted KRW 61.55 trillion in consolidated revenue and KRW 9.05 trillion in operating profit in the quarter ended December 31, 2020. For the entire year, it reported KRW 236.81 trillion in revenue and KRW 35.99 trillion in operating profit.

https://news.samsung.com/global/samsung-electronics-announces-fourth-quarter-and-fy-2020-results