Samsung Electronics saw its third-quarter operating profit tumble in double figures, a regulatory filing showed Thursday.
Operating profit reached 7.78 trillion won (6.7 billion US dollars) in the July-September quarter, down 55.7 per cent from the third quarter of last year when Samsung posted a record quarterly profit.
From the previous quarter, the September quarter profit of the South Korea's tech behemoth advanced 17.9 per cent, reports Xinhua.
Revenue reduced 5.3 per cent over the year to 62 trillion won (53.4 billion US dollars) in the quarter, but it was up 10.5 per cent from the prior quarter.
The ratio of operating profit to revenue, which gauges profitability, was 12.5 per cent in the third quarter, less than halving 26.8 per cent recorded in the same quarter of last year.
