Samsung SDI Q1 net profit up 28.1 pct to 464.5 bln won

Samsung SDI-Q1 earnings

Samsung SDI Q1 net profit up 28.1 pct to 464.5 bln won

SEOUL, April 27 (Yonhap) -- Samsung SDI Co. on Thursday reported its first-quarter net profit of 464.5 billion won (US$347 million), up 28.1 percent from a year earlier.

The company said in a regulatory filing that it posted 375.4 billion won in operating profit for the quarter, compared with 322.3 billion won a year ago. Revenue rose 32.2 percent to 5.35 trillion won.

The earnings beat market expectations. The average estimate of net profit by analysts stood at 396.4 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.

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