(Seoul) South Korean giant Samsung Electronics announced on Wednesday a 34.57% year-on-year drop in its net profit for the 4e quarter 2023, attributing it to weak demand for consumer electronics products.
Between October and December, Samsung Electronics achieved an operating profit of 2,820 billion won (2.82 billion Canadian dollars) compared to 4,310 billion a year earlier, the group said in a press release.
More details to come.