PET - ADD - 1Q slow but 2Q should be in line with expectation, Galaxy S4 sales start strong - Update 04 Jun 2013 Company Research As expected, PET’s net profit was down 4.5% in 1Q due to lack of new product. However, things will heat up starting in 2Q as PET begins sales of several highly anticipated new phones such as the Samsung Galaxy S4 and HTC One.