Samsung SDS Q2 net profit down 37.4 pct to 170.5 bln won

Samsung SDS-Q2 earnings

Samsung SDS Q2 net profit down 37.4 pct to 170.5 bln won

SEOUL, July 27 (Yonhap) -- Samsung SDS Co. on Thursday reported its second-quarter net profit of 170.5 billion won (US$134 million), down 37.4 percent from a year earlier.

Operating profit for the April-June period was 206.4 billion won, down 23.6 percent from a year ago, the company said in a regulatory filing. Revenue fell 28.4 percent to 3.29 trillion won.

The operating profit was 1.4 percent higher than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The estimate of net profit was not available.

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