Group Vice President Yoon Soon-bong told reporters in a rare press briefing that the group posted 90 trillion won ($98 billion) in sales, up 8 percent from the same period a year earlier, and earnings before tax of 6.7 trillion won, up 200 billion won, year-on-year. He also pledged to invest 14 trillion to 15 trillion won this year, a slight increase over last year, with 7.2. trillion won already spent during the first six months of the year. He said the amount is up 900 billion won from the previous year.
“We have seen a flurry of news [regarding a crisis] lately, and discussions with our accounting team led me to reveal the earnings in front of you,” he said. Despite the strong won, he said, “our earnings were not bad.”
Samsung Electronics gets ‘routine’ tax probe
Korea JoongAng Daily
2007.7.27.
Samsung Electronics said it is currently under investigation by the National Tax Service for the first time in 11 years. The tax service and the company both claim that it is a “routine” investigation. Regular investigations take place every four t
2007.7.27.
Samsung Electronics said it is currently under investigation by the National Tax Service for the first time in 11 years. The tax service and the company both claim that it is a “routine” investigation. Regular investigations take place every four t