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On January 25th, Nokia released its financial reports for the fourth quarter and full year of 2023. The report shows that in the fourth quarter of 2023, Nokia's net sales amounted to 5.707 billion euros, a year-on-year decrease of 23%; The operating profit was 547 million euros, a year-on-year decrease of 38%. In 2023, Nokia's net sales amounted to 22.258 billion euros, a year-on-year decrease of 11%; The operating profit was 1.688 billion euros, a year-on-year decrease of 27%. Nokia predicts that its comparable operating profit for the full year of 2024 will be between 2.3 billion and 2.9 billion euros
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