Wednesday, 26 January 2011

Samsung SDI Q4 profit misses consensus

Jan 27 (Reuters) - South Korea's electronics component maker Samsung SDI Co Ltd (006400.KS) posted a sharply lower-than-expected quarterly profit on Thursday, due to a fall in demand for rechargeable batteries.

The world's No.2 maker of rechargeable batteries earned a 14.7 billion won ($13.18 million) operating profit in the quarter ended December on sales of 1.2 trillion won.

Analysts polled by Thomson Reuters I/B/E/S expected an operating profit of 69 billion won on average. ($1=1115.0 Won)

(Reporting by Ju-min Park; Editing by Yoo Choonsik)

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