Samsung Electronics posts growth in Q1 operating profit

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Visitors view Samsung Galaxy S6 smartphones at Samsung's stand at 2015 CeBIT Technology Trade fair in Hanover, Germany, on March 16, 2015. Top IT business fair CeBIT 2015, which features a strong Chinese presence, opened on Sunday in Germany. (Xinhua/Zhang Fan)
Visitors view Samsung Galaxy S6 smartphones at Samsung's stand at 2015 CeBIT Technology Trade fair in Hanover, Germany, on March 16, 2015. Top IT business fair CeBIT 2015, which features a strong Chinese presence, opened on Sunday in Germany. (Xinhua/Zhang Fan)

Samsung Electronics, South Korea’s tech behemoth, posted a growth in the first-quarter operating profit, the company said Wednesday.

Consolidated operating profit expanded 3.43 percent from a year earlier to 6.45 trillion won (5.3 billion U.S. dollars) in the January-March quarter.

Revenue gained 5.61 percent to 55.33 trillion won (45.4 billion U.S. dollars), but net income fell 3.15 percent to 4.88 trillion won (4 billion U.S. dollars).

The earnings beat market expectations of about 6 trillion won (4.9 billion U.S. dollars) for operating profit and 54.7 trillion won (44.9 billion U.S. dollars) for revenue. Enditem

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