Enterprise financial report

In 2021, the net profit of Samsung Electronics in Q2 was USD 8.2 billion, with a year-on-year increase of 72% From Samsung Electronics earnings

The following is the In 2021, the net profit of Samsung Electronics in Q2 was USD 8.2 billion, with a year-on-year increase of 72% From Samsung Electronics earnings recommended by recordtrend.com. And this article belongs to the classification: Enterprise financial report.

Samsung Electronics today released its financial results for the second quarter of fiscal year 2021 as of June 30. According to the financial report, Samsung’s revenue in the second quarter was 63.67 trillion won (about US $55.349 billion), an increase of 20.21% over 52.97 trillion won in the same period last year; The net profit attributable to shareholders of Samsung’s parent company was 9.45 trillion won (about US $8.215 billion), an increase of 72.18% over 5.49 trillion won in the same period last year.

Share price performance:

Samsung shares rose 0.13% in early trading

Samsung opened at 78800 won on the Korean exchange today. As of 9:08 Seoul time on Thursday (8:08 Beijing time on Thursday), Samsung’s share price rose 100 won to 79300 won in early trading, or 0.13%. In the past 52 weeks, Samsung’s share price has been as high as 96800 won and as low as 54000 won.

Key points of performance in the second quarter:

——The revenue was 63.67 trillion won (about 55.349 billion US dollars), an increase of 20.21% over 52.97 trillion won in the same period last year;

——The operating profit was 12.57 trillion won (about US $10.924 billion), an increase of 54.26% over 8.15 trillion won in the same period last year;

——The net profit before tax from sustainable operation business was 12.88 trillion won (about US $11.199 billion), an increase of 65.80% over 7.77 trillion won in the same period of last year;

——The net profit was 9.63 trillion won (about US $8.375 billion), an increase of 73.44% over 5.56 trillion won in the same period last year;

——The net profit attributable to the shareholders of Samsung’s parent company was 9.45 trillion won (about US $8.215 billion), an increase of 72.18% over 5.49 trillion won in the same period last year;

——Capital expenditure was 13.6 trillion won (about US $11.822 billion), including 12.5 trillion won for semiconductor business and 0.6 trillion won for display panel business; The total semiconductor expenditure in the first half of the year was 23.3 trillion won (about US $20.254 billion), including 20.9 trillion won for semiconductor business and 1.4 trillion won for display panel business.

Department performance:

——The combined revenue of it and mobile communication departments in the second quarter was 22.67 trillion won (about US $19.707 billion), and the operating profit was 3.24 trillion won (about US $2.816 billion);

——The combined revenue of the semiconductor sector in the second quarter was 22.74 trillion won (about US $19.768 billion), and the operating profit was 6.93 trillion won (about US $6.024 billion);

——The consolidated revenue of the consumer electronics sector in the second quarter was 13.4 trillion won (about US $11.648 billion), and the operating profit was 1.06 trillion won (about US $921 million);

——The second quarter sales of the display panel department was 6.87 trillion won (about US $5.972 billion), and the operating profit was 1.28 trillion won (about US $1.113 billion).

The Governance Committee was restructured into the sustainability Committee

The board of directors of Samsung Electronics today approved the restructuring of the governance committee into a sustainability committee to further expand its responsibilities and oversight. The newly established sustainability Committee continues to assume the responsibilities of the Governance Committee, including practicing corporate social responsibility and improving shareholder value. In addition, it will be responsible for dealing with a wider range of environmental, social and governance issues, including climate change, circular economy, labor and human rights, diversity and inclusiveness, supply chain and ethical management, pointing out the direction for the company’s sustainable management and monitoring progress. In order to maintain its independence, the sustainability committee is composed entirely of independent directors.

Outlook:

Samsung said that in the second half of this year, the company is expected to see the continuous improvement of 5g penetration, the continuation of the trend of working at home, and customers’ purchase in order to ensure inventory, which will promote the growth of the semiconductor market higher than in the past. For the display panel business, with the launch of new flagship machines by major customers, the mobile panel business will be improved. The company focuses on finalizing the mass production process of quantum dot screens and starts shipping within the year.

More reading from Phoenix Technology: Samsung Electronics financial report: in 2020, the net profit of Q2 Samsung Electronics was US $4.7 billion, a year-on-year increase of 7.2%. Samsung Electronics financial report: in 2018, the net profit of Q2 Samsung Electronics was US $9.8 billion, a year-on-year flat. Samsung Electronics financial report: in 2018, the profit of Q3 Samsung Electronics was US $15.4 billion, a year-on-year increase of 21%. Samsung Electronics financial report: in 2016, the operating profit of Q4 Samsung Electronics increased by 50% year-on-year. Chip business statement Now strong Samsung Electronics financial report: in 2019, the operating profit of Q1 Samsung Electronics was 6.2 trillion won, a year-on-year decrease of 60.36%. Samsung Electronics financial report: in 2020, the net profit of Q1 Samsung Electronics was 3.9 billion US dollars, a year-on-year decrease of 3%. Samsung Electronics financial report Outlook: it is expected that in 2020, the revenue of Q2 Samsung Electronics will be 43.6 billion US dollars, a year-on-year decrease of 7.3%. Samsung Electronics financial report: in 2020, the net profit of Q3 Samsung Electronics will be 8.3 billion US dollars, a year-on-year increase of 48.9% Electronic financial report: the net profit of Samsung Electronics in Q2 2015 was US $4.9 billion, falling for five consecutive quarters. Samsung electronic financial report: the operating profit of Q3 Samsung in 2014 was US $3.8 billion, down 59.7% year-on-year. Samsung electronic financial report: the operating profit of Q4 Samsung Electronics in 2016 was US $7.8 billion, up 50% year-on-year. Samsung electronic financial report: the profit of Q4 Samsung Electronics in 2018 was US $7.6 billion, down 30.9% year-on-year. Samsung electronic financial report: Q3 in 2019 The net profit of Samsung Electronics fell year-on-year for the fifth consecutive quarter. It is expected that the operating profit of Samsung Electronics may increase by 38% to 11.3 trillion won in Q2 2021. Samsung Electronics: the R & D expenditure of Samsung Electronics will reach US $16.5 billion in 2019

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button