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Samsung’s Record 107 Trillion Won Quarter Has a Catch

By Damilola Esebame

Photo for: Samsung’s Record 107 Trillion Won Quarter Has a Catch

Source excerpt · FinanceFeeds

Samsung Electronics said it became the first technology company to top 100 trillion won in quarterly operating profit, reporting 107.4 trillion won for the three months ended September 30, a 783% jump from the same period a year earlier. Revenue reached 195.3 trillion won, with Samsung reporting four consecutive quarters of record results, according to the company's earnings release published on O…