Business

Samsung investors worried despite huge earnings

SEOUL: Even as Samsung Electronics is poised to deliver a surge in earnings to an all-time high this year, some investors are already starting to fret the tech giant will soon become a victim of its own success.

With a market capitalisation of 331 trillion won (S$407.3 billion), the South Korean firm has emerged as Asia's most valuable company, and its shares have jumped 60 per cent since end-2015, hitting a record high in late March.

But the stock is losing steam, up just 3 per cent so far in April, and some investors are questioning the company's long-term growth potential and whether it can maintain the double-digit profit growth expected this year. - REUTERS

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