Oct 29, 2024 / 04:30AM GMT
Taiyoung Kim - Samsung Electro-Mechanics Co Ltd - Head of Investor Relations & Planning
Good afternoon. This is Taiyoung Kim, head of IR and Planning Team at Samsung Electro-Mechanics. Thank you for joining our 2024 Q3 earnings conference call. On today's call, I am joined by our CFO Sung Jin Kim; EVP Won Taek Kim, Head of Strategic Marketing; VP [Jun Taek Park], Head of Support Team Component Division; [Sung Jin Kim], Head of Support Team Optics and Communication Solution Division; and VP [Hong Jin Kim], Head of Support Team Package Solution Division.
We will start with a presentation on our Q3 company level and divisional business results followed by market trends and outlook by product before taking your questions. First, let's go to our 2024 Q3 results.
In Q3, our financial results continued an upward trend, both QoQ and YoY despite some challenges posed externally including slowdown of demand in key downstream industries and a stronger Korean won. Q3 revenue was KRW2,615.3 billion, an approximately 2% increase QoQ and 11% increase YoY. The details regarding revenue increase,
Q3 2024 Samsung Electro-Mechanics Co Ltd Earnings Call Transcript
Oct 29, 2024
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