Samsung Electronics posts 8% fall in second quarter net profit
Samsung Electronics
Seoul - Arab Today
Samsung Electronics posted an 8.0 percent fall in its second quarter net profit Thursday as the world's top smartphone maker continued to suffer stiff competition from Apple and Chinese rivals.
Net profit for April to June fell to 5.75 trillion won ($4.9 billion), down eight percent from a year ago, the company said in a regulatory filing.
Operating profit sank 4.03 percent from a year ago to 6.9 trillion won, while sales dropped 7.3 percent to 48.5 trillion won.
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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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