SEOUL, South Korea — Samsung Electronics says net profit fell 18 percent in the second quarter of this year while revenue increased.
The company said late Thursday in a regulatory filing that it earned 3.51 trillion won ($3.33 billion) in the three months ended June 30. The company earned 4.28 trillion won the same period last year.
Samsung said sales during the period rose 4.1 percent to 39.4 trillion won from 37.9 trillion won a year earlier.
The result marked Samsung’s second straight quarter of net profit decline.
Samsung is South Korea’s biggest company and a major force in the global electronics industry. The company planned to provide details Friday in a statement and conference call.
