[Featured Stock] Samsung Electronics Recovers to 50,000 Won Intraday... Strong Q1 Performance Despite COVID-19 Impact

[Asia Economy Reporter Eunmo Koo] Samsung Electronics is showing an upward trend, recovering to 50,000 won. This appears to be influenced by its solid performance in the first quarter despite the COVID-19 pandemic.

As of 9:07 AM on the 7th, Samsung Electronics was trading at 50,000 won, up 2.67% (1,300 won) compared to the previous trading day.

On the same day, Samsung Electronics announced through a public disclosure that its consolidated operating profit for the first quarter of this year was tentatively estimated at 6.4 trillion won, an increase of 2.73% compared to the same period last year. Sales during the same period rose 4.98% to 55 trillion won.