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Samsung Electric: Net profit of 167 million yuan in the first quarter, down 65.80% year-on-year
Samsung Electric Announces that in the first quarter of 2026, operating revenue was 3.24B yuan, a year-on-year decrease of 10.84%. Net profit was 167 million yuan, a year-on-year decrease of 65.80%. The main reasons are the decline in revenue from the smart power distribution board segment, as well as the impact of bidding, tendering, and fluctuations in raw material prices.