Samsung Electronics posts record quarterly operating profit of W89.4tr

Samsung Electronics logged a preliminary operating profit of 89.4 trillion won ($58.1 billion) in the second quarter of this year, the company's highest quarterly earnings since its founding. The figure far surpasses the 57.23 trillion won posted in the first quarter.

Sales also set a new record, reaching 171 trillion won — up 28 percent from the previous quarterly high of 133 trillion won recorded in the first quarter.

Compared with the second quarter of last year, both sales and operating profit surged — rising 129 percent and 1,810 percent, respectively.