Samsung Electronics Co. Ltd. announced on Thursday that its net income for the third fiscal quarter amounted to 9.38 trillion won ($6.6 billion), falling 23.6% on a yearly basis. Operating profit was down 31.4% to 10.85 trillion won ($7.7 billion).
Revenue grew by 3.8%, reaching $54.2 billion. While the operating profit figure was largely in line with the company's own forecast, revenue was higher than the expected $53.8 billion.