Samsung Electronics Posts Preliminary Q3 Revenue of 195tn Won

Samsung Electronics announced preliminary third-quarter results showing consolidated revenue of 195 trillion won and operating profit of 107.4 trillion won, according to digitaltoday.co.kr. The company's shares traded 0.47% lower at 267,250 won.

In the morning session, KOSPI fell 48.62 points (0.71%) to 6755.28. The index had opened at 6808.68, up 4.78 points (0.07%), before quickly dropping to the 6750 range. Individuals net bought 323.3 billion won, while foreigners and institutions net sold 260.6 billion won and 87.8 billion won, respectively.

KOSDAQ fell 12.68 points (1.41%) to 885.75, from the previous close of 898.43. The won-dollar exchange rate stood at 1337.90 won, down 3.10 won.

Among other large caps, SK Hynix rose 0.29% to 1,728,000 won, and LG Energy Solution gained 3.84%. SK Square fell 2.19%, Hyundai Motor dropped 2.68%, Samsung Biologics declined 2.66%, Samsung Life fell 1.78%, and KB Financial slipped 0.71%.

Background

Samsung Electronics' third-quarter revenue rose 13.70% and operating profit 20.01% compared to the previous quarter, and rose 126.59% and 782.50% respectively year-over-year. Kiwoom Securities researcher Han Ji-young noted that investors should watch post-announcement stock price and foreign supply changes and 2027 earnings estimate revisions, with real changes in foreign supply likely appearing from the following week.