Samsung announced its Q1 earnings this week and, on the surface, it seems the recent Covid-19 outbreak has not fazed the South Korean giant.
The company disclosed consolidated sales of approximately 55 trillion won and a consolidated operating profit of approximately 6.4 trillion won. That’s a slight year-on-year increase on Samsung’s Q1 sales and profit in 2019, with a 5% boost in sales.
…
Read full post here:
https://www.trustedreviews.com/news/samsungs-profits-are-up-but-it-might-not-be-good-news-for-the-s20-4022889