Samsung SDS (018260.KS) reported first quarter net income attributable to shareholders of parent company 92.38 billion Korean won, down 56.3% from a year ago. Operating income was 78.34 billion won, a decline of 70.8% from previous year due to one time expense.
First quarter sales were 3.35 trillion Korean won, down 3.9% from last year. The company said sales declined as IT Service revenue remained flat and Logistics revenue declined.
Shares of Samsung SDS are trading at 1,78,400 Korean won, down 0.94%.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.