Samsung Q1 Profit Down; Warns Of Q2

Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) reported a profit for the first-quarter that declined about 4.27 percent from last year. Quarterly operating profit increased 3.43 percent from last year. Sales increased 5.61 percent, due to increasing demand for server and mobile components. The second quarter results are likely to decline as the COVID-19 to impact demand of core products.

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