Samsung Electronics Co. released its financial results for the first quarter of fiscal year 2021, which ended on March 31.

According to the results, Samsung's first-quarter revenue was 65.39 trillion won ($58.924 billion), up 18.19 percent from 55.33 trillion won a year earlier.

Net profit attributable to Samsung's parent company shareholders was 7.09 trillion won ($6.392 billion), up 45.06% from 4.89 trillion won in the same period last year.