Updated: 04/29/2014 07:59 | By Agence France-Presse

Samsung reports Q1 profit of $7.3 billion

Samsung Electronics on Tuesday said its first-quarter net profit rose 5.9 percent from a year ago to 7.57 trillion won ($7.3 billion).


The South Korean electronics giant posted an operating profit of 8.49 trillion won -- down 3.3 percent from a year ago and nearly in line with its earlier forecast of 8.4 trillion won.

Sales inched up 1.53 percent to 53.7 trillion won, the company said in a statement.

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