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SEOUL, Jan. 8 (Xinhua) -- Samsung Electronics, South Korea's tech behemoth, recorded the lowest operating profit in four years last year, a regulatory filing showed Wednesday.
The preliminary figure for operating profit was 27.7 trillion won (23.7 billion U.S. dollars) in 2019, down 52.9 percent from the previous year. It was the lowest in four years since 2015.
Revenue shrank 5.9 percent over the year to 229.5 trillion won (196 billion U.S. dollars) last year, marking the lowest since 2016.
It was attributed to the downturn of business cycle of the global semiconductor industry.
Detailed earnings on each business unit will be announced later this month after an external audit and the board of directors' approval.
