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You are here: Home / Misc. / Samsung announces Earnings Guidance for Q1 2011

Samsung announces Earnings Guidance for Q1 2011

April 7, 2011 By kunal Leave a Comment


 

Samsung has published the earnings guidance for the just concluded quarter. The figures are based on International Financial Reporting Standards and are provided to give shareholders and consumers an idea of what to expect from the Korean giant.

Samsung expects the revenue to fall by 11.6% quarter-on-quarter and about 6.8% year-on-year whereas the operating profit will also see a dip by 3.7% QoQ and 34.2% YoY.

As for the consolidated figures – sales are expected to hover around 37 trillion won and operating profit around 2.9 trillion won.

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