Assets held by Samsung Electronics Co., South Korea’s top conglomerate by market cap, topped 200 trillion won ($180 billion) as of end-June this year mainly due to its stellar business performance, data showed on Wednesday.

Samsung’s assets reached 203.76 trillion won at the end of June, up 12.92 trillion won from three months earlier. The end-June figure is also up 37.46 trillion won from a year earlier, according to its financial statement.

Samsung Electronics, the world‘s top maker of memory chips and smartphones, saw its second-quarter profit spike 50 percent from a year earlier, buoyed by robust shipments of its flagship Galaxy S smartphones.

Net profit came to 7.77 trillion won in the April-June period, compared with a profit of 5.19 trillion won a year earlier, the company said earlier. (Yonhap News)