SEOUL, Samsung Electronics Co. on Tuesday reported its first-quarter net profit of 6.75 trillion won (US$4.9 billion), up 329 percent from a year earlier. The company said in a regulatory filing that it posted 6.6 trillion won in operating profit for the quarter, compared with 640.2 billion won a year ago. Sales rose 12.8 percent to 71.91 trillion won. The earnings beat market expectations. The average estimate of net profit by analysts stood at 4.99 trillion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. Source: Yonhap News Agency
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