Samsung Electro-Mechanics 2022 net profit up 8.5 pct to 993.5 bln won

Samsung Electro-Mechanics Co. on Wednesday reported its 2022 net profit of 993.5 billion won (US$805.3 million), up 8.5 percent from a year earlier.

Operating income for the year was 1.18 trillion won, down 20.4 percent on-year, the company said in a regulatory filing. Annual revenue fell 2.6 percent to 9.42 trillion won.

Source: Yonhap News Agency

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