Published: 12:52, January 27, 2022 | Updated: 13:11, January 27, 2022
Samsung Electronics' earnings log double-digit growth in 2021
By Xinhua

In this file photo taken on Oct 27, 2021 people walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul after South Korean tech giant Samsung Electronics posted a 28-percent jump in operating profit. (JUNG YEON-JE / AFP)

SEOUL - Samsung Electronics, South Korea's tech behemoth, logged a double-digit growth in its 2021 earnings, the company said Thursday.

Operating profit soared 43.5 percent over the year to 51.63 trillion won ($43 billion) in 2021

Operating profit soared 43.5 percent over the year to 51.63 trillion won ($43 billion) in 2021.

Revenues gained 18.1 percent to 279.6 trillion won ($232.8 billion) last year, and net income jumped 51.1 percent to 39.91 trillion won ($33.2 billion).

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During the October-December quarter, operating profit amounted to 13.87 trillion won ($11.5 billion), up 53.3 percent compared to the same quarter of 2020.

Revenues advanced 24.4 percent to 76.57 trillion won ($63.8 billion) in the fourth quarter, and net income spiked 64 percent to 10.84 trillion won ($9 billion).