Samsung 2004 Annual Report Download - page 16

Download and view the complete annual report

Please find page 16 of the 2004 Samsung annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 76

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76

In the business world, success is judged first and foremost by the size of the bottom
line. Samsung Electronics certainly measured up to that standard well in 2004 with a
net income of $10.3 billion on sales of $55.3 billion. But in our quest to become a global
top-tier company on the leading edge of the digital convergence revolution, we also
aspire to be one of the world’s best governed. Thats why it is particularly gratifying
when analysts, investors, and industry peers around the globe single us out for special
recognition year after year.
In 2004, they once again gave us high marks on the Fortune “Global Most Admired
Companies” survey for personnel competency, investment strategy, and management
quality, helping us climb one step to No. 4 in the electronics category. They chose us as
Koreas best-managed company for the fourth straight year in FinanceAsia’s annual “Best
Company” survey, giving us top ratings for management, IR, governance, CFO, and IR
representative. They also acknowledged our commitment to communications excellence
in IR Magazine surveys by voting us as having Koreas best IR for the fourth straight year
and the best IR by an Asia-Pacific company in the UK and US markets for the first time.
Meeting tomorrows challenges
with a commitment to global excellence.
MESSAGE FROM THE BOARD