Samsung Q1 2023: Profits decline 95.4% YoY, hits 14-year low

Samsung has reported its earnings for Q1 2023 that ended March 31, 2023 in which the company posted 63.75 trillion won ($47.53 billion approx.) consolidated revenue, down 10% YoY. It made an operating profit of 0.64 trillion won, down 95.44% YoY, its lowest in 14 years. Continue reading “Samsung Q1 2023: Profits decline 95.4% YoY, hits 14-year low”