Samsung Result 1/2/2016

By Bob Raikes
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Samsung Electronics reported Q4 operating profit of KRW 6.1 trillion ($5.05 billion). Turnover for the quarter was KRW 53.3 trillion ($44 billion). For the full year, operating profit was KRW 26.4 trillion ($22 billion), up 5.6% YoY. Turnover for the period was KRW 200.65 trillion ($166 billion). Average selling price decline negatively affected profitability in the display panel segment, which reported KRW 300 billion ($249 million) in operating profit and KRW 6.53 trillion ($5.4 billion) revenue for the quarter.