Monday, July 6, 2026

Memory: "Samsung Electronics sees record preliminary 2Q profit but shares fall" (005930.krx)

The stock is down 27,000 won (-8.48%).

 

TradingView 

It's had a good year though, up 366% over the twelve months. 

From CNBC, July 6:

Samsung Electronics on Tuesday reported preliminary second-quarter operating profit of 89.4 trillion won ($58.4 billion), versus 57.2 trillion won in the prior period.

Operating profit from the same period a year earlier was 4.7 trillion won.

Samsung shares traded nearly 5% lower at Tuesday’s open.

The tech giant reported revenue for the April-to-June period of 171 trillion won, up from 133.9 trillion won in the previous quarter.

The results include deducted one-off expenses for employee bonus provisions following recent labor negotiations, according to analysts....

....MORE