[Photo] Samsung Electronics' 100 Trillion Won Profit Fails to Halt Share Price Slide
On Oct. 8, Samsung Electronics' share price was displayed alongside the KOSPI in the dealing room at Hana Bank's headquarters in Jung-gu, Seoul. The company posted quarterly operating profit of 107.4 trillion won, becoming the first tech company in the world to surpass 100 trillion won, but its shares fell. The KOSPI opened higher that day but soon declined, trading around the 6,700 level. Samsung Electronics also opened higher before falling, fluctuating in the 267,000-won range.
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