Samsung SDI Q4 net profit up 60.6 pct to 629.2 bln won

Samsung SDI-Q4 earnings

Samsung SDI Q4 net profit up 60.6 pct to 629.2 bln won

SEOUL, Jan. 30 (Yonhap) -- Samsung SDI Co. on Monday reported its fourth-quarter net profit of 629.2 billion won (US$511.4 million), up 60.6 percent from a year earlier.

The company said in a regulatory filing that operating profit for the October-December period rose 84.7 percent on-year to 490.8 billion won. Sales increased 56.3 percent to 5.96 trillion won.

The operating profit was 4.5 percent lower than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The estimate of net profit was not available.

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