Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  2. 2

    Samsung entangled in legal risks amid calls for drastic reform

    Samsung entangled in legal risks amid calls for drastic reform
  3. 3

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
  4. 4

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
  5. 5

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  1. 6

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
  2. 7

    Prosecutors seek 5-year prison term for Samsung chief in merger retrial

    Prosecutors seek 5-year prison term for Samsung chief in merger retrial
  3. 8

    K-pop fandoms wield growing influence over industry decisions

    K-pop fandoms wield growing influence over industry decisions
  4. 9

    Korea's auto industry braces for Trump’s massive tariffs in Mexico

    Korea's auto industry braces for Trump’s massive tariffs in Mexico
  5. 10

    [Graphic News] International marriages on rise in Korea

    [Graphic News] International marriages on rise in Korea
피터빈트

Samsung Electro-Mechanics reports 84% plunge in Q2 profit

By 임정요

Published : July 22, 2016 - 11:22

    • Link copied

Samsung Electro-Mechanics Co., a maker of electronic components, on Friday said its operating profit for the second quarter of this year plunged 84 percent from a year earlier because of a weaker Japanese currency.

Samsung Electro-Mechanics posted 15.2 billion won ($13.3 million) in operating profit for the April-June period and sales slightly rose to 1.6 trillion won, the company said in a regulatory filing. 


A weaker Japanese currency helped Samsung's Japanese rivals boost sales overseas, and Samsung Electro-Mechanics' operating profit was hit by one-time expenditures due to the company's voluntary retirement program.  (Yonhap)

More from Headlines