Asia Express - Display
Samsung Experiences Sharp Net Profit Decline in 2Q 2005
August 09, 2005
According to information provided by Samsung SDI, the company's net profit fell sequentially by 52% and year-on-year by 88% to 25.9 billion Won in the second quarter of 2005. It recorded sales of 1.8 trillion Won, sequential decrease of 1.4% and year-on-year decrease of 26%. Operating profit stood at 34.7 billion Won, sequential growth of 122% but year-on-year fall of 89%.

 

 

Samsung SDI Results, 2Q 2005

 

Amount in 2Q 2005

Sequential Growth

Y-o-Y Growth

Total Sales

1,838.2 bln

-1.4%

-26%

PDP

350 bln

-6.2%

 

Rechargeable Battery

133 bln

12.7%

 

LCD+OLED

627 bln

8.1%

 

CRT

693 bln

-11.2%

 

Operating Profit

34.7 bln

122%

-88%

Net Profit

25.9 bln

-52%

-89%

Note: Sales and profit figures are in Korean Won

Source: Samsung SDI; compiled by MIC, August 2005