Enterprise financial report

In 2021, the net profit of Samsung in Q1 was 54.8 billion yuan, up 45.53% year on year From Samsung financial report

The following is the In 2021, the net profit of Samsung in Q1 was 54.8 billion yuan, up 45.53% year on year From Samsung financial report recommended by recordtrend.com. And this article belongs to the classification: Enterprise financial report.

Samsung’s sales hit the highest in the first quarter of the year, and it is expected that the current global chip shortage may continue in the second half of the year. Driven by the electronic mobile and consumer electronics business, Samsung’s net profit in the first quarter increased by 46%, exceeding expectations. But the company warned that the impact of semiconductor shortages will continue as the global economy recovers from COVID-19.

According to financial data, Samsung’s operating profit in the first quarter of 2021 was 9.3829 trillion won (about 54.8 billion yuan), up 45.53% year on year. The sales volume was 65.3885 trillion won, up 18.19% year on year.

The company’s operating profit greatly exceeded market expectations, and its sales volume was basically the same as the third quarter of last year (66.96 trillion won), the highest in the first quarter of previous years. In terms of specific business, the semiconductor business was not as good as expected, but benefited from consumers’ “retaliatory consumption”, the sales of the company’s flagship smartphone Galaxy S21 series increased significantly, and the profits of TV and home appliance departments also increased significantly.

Among them, the operating profit of mobile (IM) department is 4.39 trillion won, and that of consumer appliances (CE) department is 1.12 trillion won. Although the semiconductor sector has a bright future this year, its operating profit is only 3.37 trillion won due to the increased investment cost of new production lines and the shutdown of Austin factory in the United States.

In terms of chip shortage, Samsung said its system LSI division plans to increase wafer outsourcing and strengthen cooperation with internal factories to ensure production capacity. But the current global chip shortage is likely to continue in the second half of the year.

The company said that after its chip factory in Austin, Texas, closed in the first quarter due to the winter cold wave, it has now fully resumed production, but its design logic chip department, system LSI business, may still be affected by the production interruption this quarter.

Market analysis shows that due to the saturation of orders from its own factories, Samsung is unable to handle new orders brought about by global chip shortage, so the company increases outsourcing production.

Samsung also warned that due to the shortage of chips and weak demand for the company’s flagship mobile phones, the company’s mobile phone division’s revenue and profit will decline this quarter. However, the chip business sales will gradually recover in the second quarter, and the revenue will increase significantly.

Samsung’s share price remained stable on Thursday as the results were released. As one of the major companies benefiting from the new crown home activities, the company’s share price has risen more than 100% since the outbreak.

Samsung financial report: in 2020, Q2 Samsung’s revenue will reach $44.5 billion, a year-on-year decrease of 5.63%. Samsung financial report: in 2015, Q3 Samsung’s operating profit will reach $6.3 billion, a year-on-year increase of 79.8%. Samsung financial report: in 2015, Q4 Samsung’s net profit will reach $2.56 billion, a year-on-year decrease of 40%. Samsung financial report: in 2015, Q1 Samsung’s net profit will reach $4.3 billion, a year-on-year decrease of 40%. Samsung financial report: in 2014, Q2 Samsung’s sales will reach $51.5 billion Samsung financial report: in 2017, the net profit of Q2 Samsung was US $9.7 billion, a year-on-year increase of 85%. Samsung financial report: in 2017, the net profit of Samsung was US $39.5 billion, a year-on-year increase of 85.7%. Samsung financial report: in 2018, the operating profit of Q2 Samsung was about US $13.2 billion, a year-on-year increase of 5.19%. Samsung: it is expected that the operating profit of Q4 in 2015 will reach US $5.1 billion, a year-on-year increase of 15%. Samsung financial report: in 2014, the profit of Q4 Samsung was US $4.88 Samsung financial report: in 2016, the net profit of Q2 Samsung was US $5.1 billion, which exceeded analysts’ expectations. Samsung financial report: in 2015, the operating profit of Q2 Samsung was US $6.1 billion, a year-on-year decrease of 4%. Chart of Q2 Samsung financial report in 2014: is the crisis of Samsung Electronics coming? Samsung financial report: in 2014, the net profit of the mobile division of Q2 Samsung was 4.42 trillion won, a year-on-year decrease of 30%. Samsung financial report: it is estimated that the operating profit of Q4 Samsung will reach 10 billion US dollars in 2013

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