Samsung Electronics posts 40% fall in fourth quarter net profit
Seoul economy
Seoul - Arab Today
Samsung reported Thursday a 40 percent on-year drop in its fourth-quarter net profit as the world's top handset maker continued to struggle with slowing global demand for smartphones and fierce competition from cheaper rivals.
Net profit for October to December amounted to 3.22 trillion won ($2.7 billion), down 39.7 percent from a year ago, the company said in a statement.
Operating profit rose 16.1 percent on-year to 6.1 trillion won, in line with its earlier estimate.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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