The beginning of the year is a time of many summaries. This is what Samsung did, presenting us with the results achieved by the company in the fourth quarter of 2021.
Samsung ended the fourth quarter of 2021 with another record
The Korean giant boasted about the profits that the company made last year, and more precisely in the last quarter. Therefore, we know that the operating profit, according to forecasts, will be in the range of USD 11.38-11.55 billion, which makes it the best result since the fourth quarter of 2017. However, compared to the same period of 2020, we are talking about an increase in profits by as much as 52%.
When it comes to revenues, an increase was also recorded here, although by 23% compared to the fourth quarter of 2020. However, this is related to various costs that the company incurred during this period, such as employee bonuses, marketing costs for the mobile market, or the costs of starting new projects. It is worth remembering that these data are only a forecast for now, because Samsung is to publish the exact financial calculations at the end of January.
