Samsung CandT Q4 net profit down 14.2 pct to 571.3 bln won

SEOUL, Samsung CandT Corp. on Wednesday reported its fourth-quarter net income of 571.3 billion won (US$428.1 million), down 14.2 percent from a year earlier. The company said in a regulatory filing that operating income for the October-December period fell 1.1 percent on-year to 627 billion won. Sales decreased 5.1 percent to 10.09 trillion won. Source: Yonhap News Agency