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You are here: Home / Misc. / Samsung announces Q2 2015 Earnings Guidance

Samsung announces Q2 2015 Earnings Guidance

July 7, 2015 By Siddhanth Leave a Comment

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Samsung today released their earnings guidance for the second quarter of 2015 that ended last month. Samsung’s consolidated sales for the last quarter will be in the range of 48 trillion Korean won and operating profit around 6.9 trillion won.

The estimates are based on K-IFRS system and are provided to give an idea to investors, shareholders and media.

In comparison, the quarter will most likely see a marginal rise in revenue compared to the last quarter but one thing’s for sure, the sales of Galaxy S6 didn’t help much to boost the earnings. As far as year-on-year is concerned, the recent quarter will see revenues drop by about 9 percent.

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