Vice President and Head of
Samsung Electronics' Investor Relations Team, Robert Yi, said, "Despite the uncertain business environment in 2009,
Samsung was able to achieve record revenues and strong profitability based on our technological and marketplace leadership. We see this positive growth and performance flowing on into 2010 as the global economy continues to stabilise."
According to the report,
Samsung has recorded revenues of 39.24 trillion Korean won (AU$38.15 billion) on a consolidated basis for the fourth quarter ending 31 December 2009, which is an 18.9 per cent increase year-on-year.
This fourth quarter result brought
Samsung's full year 2009 revenue to a record 136.29 trillion won (AU$132.15 billion). Its full year 2009 operating profit was 10.92 trillion won (AU$10.59 billion), while its net income on a parent company basis was 9.64 trillion won (AU$9.34 billion).
Samsung has reported that its strong performance in the fourth quarter was supported by improved pricing for memory semiconductors and the seasonal increase in sales of consumer electronics products.
