Samsung’s Vietnam subsidiaries post 2-digit drop in sales, profit

Samsung’s Vietnam subsidiaries post 2-digit drop in sales, profit

Four Vietnamese subsidiaries of South Korean giant Samsung Electronics reported revenues of KRW81,146.7 billion ($60.83 billion) in 2023, down 11.83% year-on-year; and after-tax profits of KRW5,263.1 billion ($3.95 billion), down 13.09%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sales of Samsung Vietnam subsidiaries falls, profits grow in Jan-Sep

Sales of Samsung Vietnam subsidiaries falls, profits grow in Jan-Sep

Samsung's four subsidiaries in Vietnam made a total profit of KRW5,474.2 billion ($4.15 billion) in the first nine months of 2023, up 8.3% year-on-year, according to the South Korean giant's interim business report.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7