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Samsung releases Q4 financial report in 2019: net profit declines by 38% and price of memory rises to welcome the dawn

via:驱动之家     time:2020/1/30 10:37:13     readed:1103

On January 30, Samsung Electronics released its Q4 and full year financial report in 2019, with revenue of 5988 trillion won (about 50.8 billion US dollars), a year-on-year increase of 1%, operating profit of 7.16 trillion won (about 6.1 billion US dollars), a decrease of 34%, and net profit of 5.23 trillion won, about 4.4 billion US dollars, a year-on-year decrease of 38%.

In 2019, Samsung's annual revenue is 230.4 trillion won, about US $195.6 billion, down 5.5% year on year, and its operating profit is 27.77 trillion won, down 52.8% year on year,Net profit of 21.74 trillion won, about 18.5 billion US dollars, down 51% year on year

三星发布2019年Q4财报:净利下滑38% 内存涨价迎曙光

The main reason for Samsung's profit decline is the semiconductor business, especially the storage chip business, which is related to the falling price of memory and flash memory last year. Among Samsung's major business departments, the semiconductor sector contributed 16.79 trillion won in Q4, while the storage chip accounted for 13.18 trillion won, down 15% year-on-year and 1% month on month.

三星发布2019年Q4财报:净利下滑38% 内存涨价迎曙光

In terms of profit, among the operating profit of 7.16 trillion won, semiconductor business contributed 3.45 trillion won, still accounting for more than half of the share, but the year-on-year decrease was 4.32 trillion won, and the month on month decrease was 0.4 trillion won.

In addition, the profits contributed by Samsung's DP display department also fell sharply, from 0.97 trillion in the same period last year to 0.22 trillion, with a loss of 0.76 trillion won and a sharp drop of 0.95 trillion won month on month.

All in all, in Samsung's Q4 earnings report,Operating profit decreased by 34% due to the sharp drop in profits of memory chip and panel business。 On the positive side, however, the decline rate of semiconductor business in Q4 has been decreasing, and the memory demand of servers and mobile products is improving. Considering that the memory price has started to rise in the first half of the month, Samsung's memory and flash memory business is expected to rebound in 2020.

三星发布2019年Q4财报:净利下滑38% 内存涨价迎曙光

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