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Samsung Electronics Announces Earnings Guidance for 3Q 2019

Samsung Electronics Announces Earnings Guidance for 3Q 2019

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Samsung Electronics Co., Ltd. today announced its earnings guidance for the third quarter of 2019.

  • Consolidated Sales: Approximately 62 trillion Korean won (aprox 51.7 billion Dollars)
  • Consolidated Operating Profit: Approximately 7.7 trillion Korean won (aprox 6.4 billion Dollars)

The above estimates are based on K-IFRS. Please note that Korean disclosure regulations do not allow earnings estimates to be offered as a range. To comply with such regulations, the above figures represent the median of the estimate ranges provided below:

  • Sales: 61 ~ 63 trillion Korean won (aprox. 50.8 billion Dollars)
  • Operating Profit: 7.6 ~ 7.8 trillion Korean won (aprox. 6.5 billion Dollars)

  2019 2Q and 2018 3Q consolidated figures based on K-IFRS are as follows

(in trillion won) 2019.2Q 2018.3Q
Sales 56.13 65.46
Operating profit 6.60 17.57

About Samsung Electronics Co., Ltd. Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI and LED solutions. For the latest news, please visit the Samsung Newsroom at http://news.samsung.com.

 

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