At the time, Mr Kwon said the company’s current profitability was “merely a fruit of decisions and investment made in the past”.
His resignation came days after Samsung group’s heir apparent Lee Jae-yong began an appeal against his conviction and five year jail sentence for bribery and corruption, stemming from payments to the secret confidante of South Korea’s ousted president Park Geun-Hye.
Samsung Electronics is regarded as the jewel in the crown of the Samsung conglomerate, which is made up of 60 interlinked companies.
Samsung Electronics described its latest quarterly result as a “robust performance” overall.
The world’s biggest memory chip and smartphone maker expects strong demand for its products to continue, putting it on track for a record annual profit.
It will also pay around $26bn in dividends to shareholders over the next three years.
While memory chips were the main driver of Samsung’s earnings, its mobile phone business was given a boost by its new Note 8 smartphone which received the firm’s highest number of pre-orders.