Samsung will be announcing the second quarter earnings on July 24 but they have announced an Earnings Guidance so as to control the speculation amongst investors and stock market that arises before the announcement of the result. It’s actually a good move to somewhat control the market prices but let’s not forget the fact that this Guidance may be far from truth since the earnings are announced only after a proper audit.
Anyways, the estimated revenues for the previous quarter ended June 30, 2009 was around 31 to 33 trillion Won and the operating profit is expected to be around 2.2 to 2.6 trillion Won.
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