Samsung Posts Record Q3 Profit, Shares Fall 2.42%
Samsung Electronics reported a record third-quarter operating profit of 107.4 trillion won, but its shares closed down 2.42% on profit-taking.
Samsung Electronics reported a record third-quarter operating profit of 107.4 trillion won, the highest since its founding, according to etnews.com. The preliminary earnings announcement came on October 8, 2026.
Despite the record figure, Samsung Electronics shares closed down 2.42% as investors took profits after the announcement.
The benchmark KOSPI fell 177.97 points, or 2.62%, to 6,625.93, its third consecutive decline. Foreign investors net sold 1.9891 trillion won and institutions net sold 1.6659 trillion won, while individuals net bought 2.9012 trillion won.
The KOSDAQ closed down 6.16 points, or 0.69%, at 892.27, falling below the 900 mark. On that market, individuals net bought 50.5 billion won and foreigners net bought 60 billion won, while institutions net sold 106.6 billion won.
In the US overnight, the Dow Jones Industrial Average fell 0.2%, the S&P 500 fell 0.2% and the Nasdaq fell 0.7%, with the US 10-year Treasury yield remaining above 5%. Micron rose 4.1% and SanDisk rose 1.9% on semiconductor earnings expectations.
Quick answers
What was Samsung Electronics' third-quarter operating profit?
Samsung Electronics reported a record third-quarter operating profit of 107.4 trillion won, the highest since its founding.
Why did Samsung Electronics shares fall despite record profit?
Samsung Electronics shares closed down 2.42% as investors took profits after the preliminary earnings announcement.
How did the KOSPI and KOSDAQ close?
The KOSPI fell 177.97 points (2.62%) to 6,625.93, while the KOSDAQ closed down 6.16 points (0.69%) at 892.27.