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You are here: Home / Misc. / Samsung releases Earnings Guidance for Q2 2013

Samsung releases Earnings Guidance for Q2 2013

July 5, 2013 By kunal Leave a Comment

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Samsung today announced the Earnings Guidance for the second quarter of 2013. Earnings in the guidance are based on K-IFRS standard and gives investors, analysts and media a estimate figure of what to expect from the Korean giant when they will announce the results in the coming weeks.

Accordingly, Samsung’s consolidated sales for Q2 2013 is at around 57 trillion won with consolidated operating profit around 9.5 trillion won. Although the jump from the previous quarter won’t be substantial, the recently concluded quarter will best the previous one that posted 52.87 trillion won of consolidated sales while operating profit reaching 8.78 trillion won.

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