Samsung Posts Record W5 Tln in Quarterly Operating Profit

Samsung Electronics' quarterly operating profits in the second quarter surpassed five trillion won, which is about four-point-two billion dollars, for the first time in the firm’s history.

The company announced Friday that it posted 37-point-eight trillion won in sales and over five trillion won in operating profits in the second quarter. 

Sales were up 16 percent and operating profits 87 percent year-on-year.

First-half sales finished at 72-point-five trillion won, up 18 percent over the same period last year. Operating profits were up nine-point-four trillion won for a year-on-year increase of 188 percent.

Samsung says that semiconductors and liquid crystal display parts performed particularly well.