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Samsung's profit has been falling for seven months

Samsung Electronics is preparing for the next decrease in operating profit. In the second quarter of this year, operating profit is expected to decrease by 4%. A year ago, the company's quarterly profit was 7.2 trillion won ($ 6.26 billion). According to analysts Samsung, in the II quarter of this year, it will be 6.9 trillion won ($ 6.12 billion).

The company's total sales are expected to decline by 8.31% - to 48 trillion won ($ 42.61 billion) in monetary terms. Samsung relied on its new flagship model of the Galaxy S6. However, in key markets, its sales initially turned out to be lower than expected. In addition, there were interruptions in the supply of parts.

In 2014, the Korean company had the lowest annual profit for the previous three years. This year, Samsung has a chance to rectify the situation if it is possible to raise and keep high the sales of new smartphones in the coming months, writes TechCrunch.
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The company plans to publish a full financial report on the results of the second quarter at the end of July.

Source: https://habr.com/ru/post/292308/


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