Profit of South Korean conglomerate Samsung Electronics in the first quarter increased by 10.4% compared to the same result last year, reports Reuters.
In the period from January to March recorded an operating profit of $ 5.7 billion, higher than analysts’ expectations.
Samsung also expects an increase in revenues for the quarter by 4%. A more detailed report of the company will be published only in the end of April.
It is noted that the profit above expectations could be the result of good sales of flagship smartphones.
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