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Sales of Samsung Electronics Vietnam Showed Exponential Growth
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Sales of Samsung Electronics Vietnam Showed Exponential Growth
  • By Jung Suk-yee
  • March 15, 2016, 01:45
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Samsung Electronics Vietnam’s sales and net profit skyrocketed by 35% and 27% to 38 trillion won and 3.5 trillion won, respectively.
Samsung Electronics Vietnam’s sales and net profit skyrocketed by 35% and 27% to 38 trillion won and 3.5 trillion won, respectively.

 

It has been found that Samsung Electronics America had an asset of approximately 14.9 trillion won last year, the largest among those of the Samsung Group’s overseas corporations. Last year, Samsung Electronics America’s asset increased by four trillion won or so, including two trillion won in debt. In addition, the overseas corporation’s sales soared by 154% from a year earlier from about 14.1 trillion won to 35.8 trillion won while it turned a profit by posting a net profit of about 270 billion won.

In the meantime, Samsung Electronics Vietnam’s sales and net profit skyrocketed by 35% and 27% to 38 trillion won and 3.5 trillion won, respectively. Samsung Electronics Thailand succeeded in turning a profit as well with a net profit of 180 billion won. Its corporations in Britain and Taiwan showed a positive growth, too.

Samsung’s investment company in China recorded an asset of 12.7 trillion won in 2015 to become one of its three subsidiary companies that had at least 10 trillion won in asset last year. The company’s asset had totaled 9.6 trillion won or so in 2014 but its debt increased by about 3.2 trillion won last year. Still, its sales dropped by approximately five trillion won to 11.5 trillion won and it went into the red by recording a net loss of 77.6 billion won.

Samsung Electronics Holdings in Europe, Samsung Electronics India, Samsung Electronics Amazonia, its overseas corporations in Slovakia and Hungary, Samsung Electronics Benelux, Samsung Electronics Logitech in Europe, its Samsung Telecom Technology in Tianjin, its semiconductor company in China and LCD operation in Suzhou fell short of expectations, too.