Samsung Electronics 2quarterly operating profit 89trillion 4hundred billion won, self-employed business loans nearing 1,100trillion won
Samsung Electronics announced that this year, 2quarterly consolidated operating profit came to 89trillion 4hundred million won, while revenue reached 171trillion won, marking the highest quarterly level on record. During the same period, financial-sector statistics showed that the outstanding balance of loans to self-employed business owners was nearing 1,100trillion won, while overdue amounts and the delinquency rate were tallied at their worst levels ever.
Samsung Electronics announced that this year, 2quarterly consolidated operating profit came to 89trillion 4hundred million won, while revenue reached 171trillion won, marking the highest quarterly level on record. The company said the figures were preliminary tallies.
Operating profit increased by 1,810% year on year, while revenue rose 129%, the company announced. It added that these figures were also the highest on record on a quarterly basis.
Financial-sector statistics from the same period showed that the outstanding balance of loans to self-employed business owners across the financial sector had reached a record level, nearing 1trillion won in the 1,100quarter.
Delinquent loans to self-employed business owners20exceeded trillion won, marking a record high, and the delinquency rate rose to the percent range,2reaching its highest level in more than years10.
In particular, the delinquency rate among low-income self-employed business owners rose to11its highest level in years. The statistics show the vulnerabilities of the household and self-employed sectors through indicators.
As corporate disclosures and financial-sector statistics were released at the same time, strong corporate earnings and worsening financial indicators for households and self-employed business owners emerged side by side. For additional details, please refer to the original disclosures and statistics.
Sources: 연합인포맥스
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