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
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.