Samsung shares rise after it says third-quarter profit likely rose 28% from a year ago

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Samsung shares rise after it says third-quarter profit likely rose 28% from a year ago
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Samsung said its operating profit for the quarter that ended in September was up 28% from a year ago to 15.8 trillion Korean won ($13.26 billion).

That's set to be Samsung's best quarterly profit in three years — since the third quarter of 2018 when Samsung posted a profit of more than 17.5 trillion won.

A South Korean flag, left, and Samsung Electronics flag fly outside the company's headquarters in Seoul, South Korea, on July 5, 2019.Samsung Electronics shares edged higher on Friday after the company said its operating profit for the quarter that ended in September was likely 28% higher than a year ago at 15.8 trillion Korean won .

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