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You are here: Home / Misc. / Samsung announces Earnings Guidance for Q1 2012

Samsung announces Earnings Guidance for Q1 2012

April 6, 2012 By kunal Leave a Comment


 

Just like every quarter, Samsung has announced their earnings guidance for the previous quarter ending March 31, 2012. Samsung says the consolidated sales for the last quarter reached approximately 45 trillion won, which is almost the same they achieved in Q4 2011 but about 8 trillion won more than Q1 2011.

Moreover, the operating profit is said to be around 5.8 trillion won, which is almost double to what Samsung posted in Q1 2011.

These figures are based on K-IFRS and needless to say, these are just an estimation so as to provide a glimpse to investors, media and analysts.

Samsung will release the full financial result later this month after an approval from the Board of Directors.

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