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2017-07-08

Samsung Electronics Expects Highest Operating Profit in Company History



Samsung Electronics forecasts record quarterly profit of ~$12B in Q2, up 72% year-over-year



Samsung Electronics today announced its earnings guidance for the second quarter of 2017.
- Consolidated Sales: Approximately 60 trillion Korean won
- Consolidated Operating Profit: Approximately 14.0 trillion Korean won


The above figures are estimates of consolidated earnings based on K-IFRS. Please note that Korean disclosure regulations do not allow earnings estimates to be provided as a range. Therefore, in compliance with such disclosure regulations, the above figures represent the median of the earnings estimate range, provided below.
- Sales: 59 ~ 61 trillion Korean won
- Operating Profit: 13.9 ~ 14.1 trillion Korean won





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