Samsung SDS posts 5.2% rise in Q3 net income to $134 million

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Samsung SDS posts 5.2% rise in Q3 net income to $134 million

Samsung Electronics' Seocho office in southern Seoul [YONHAP]

Samsung Electronics' Seocho office in southern Seoul [YONHAP]

 
Samsung SDS on Wednesday reported its third-quarter net income of 185.8 billion won ($134 million), up 5.2 percent from a year earlier.
 
The company said in a regulatory filing that it posted 252.8 billion won in operating profit for the quarter, compared with 193 billion won a year ago. Sales rose 11.3 percent to 3.56 trillion won.
 

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The earnings fell behind market expectations. The average estimate of net profit by analysts stood at 188.2 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
 
 

Yonhap
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