Samsung Appliance Business Up Y/Y
Samsung Electronics Co., Ltd. (Seoul) said its Consumer Electronics division, which includes its appliance business, had a third quarter increase from the previous year but down from the second quarter.
Samsung overall reported record operating profit of 8.12 trillion won (approx. US$7.4 billion) in the third quarter of 2012 – up 91% year-on-year. Net profit for the quarter was 6.56 trillion won (approx. $6.0 billion)
Consolidated revenues were 52.18 trillion won (approx. $47.8 billion), up 26% year-on-year.