Samsung's Q4 operating profit tumbles 28.7 pct on-year
www.koreaherald.com

Samsung Electronics Co. said Tuesday its operating profit plunged 28.7 percent in the fourth quarter compared with a year ago, falling short of market expectations.

Operating profit came to 10.8 trillion won ($9.66 billion) in the Oct.-Dec. period, the South Korean tech behemoth said in a regulatory filing. This is down 38.5 percent from 15.1 trillion won posted a quarter earlier.

11 days indicative negative