Samsung Electronics' net profit falls

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Samsung Electronics' net profit falls

Samsung Electronics' net profit decreased by 23.6% compared to the same period last year. It amounted to 9.38 trillion won, or $6.6 billion.

The company said in a regular update that the operating profit during the period from July decreased by 31.4% year-on-year. To 10.85 trillion won, sales volume rose 3.8% to 76.78 trillion won.

Earnings exceeded market expectations, and Analytics' forecast net profit was 9.07 trillion won.

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