Samsung Q4 profit down 5.95% on bonuses, foreign exchange
Jan 24, 2014
Samsung Electronics Co., the world's top maker of smartphones, said Friday its fourth-quarter operating profit fell 5.95 percent from a year earlier.Operating profit came to 8.31 trillion won ($7.73 billion) in the October-December period, compared with 8.84 trillion won a year earlier, the company said in a regulatory filing.Sales edged up 5.74 percent on-year to 59.28 trillion won, the company added. The figures were in line with Samsung's guidance released earlier this month.Analysts attribut