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You are here: Home / Misc. / Samsung announces Q3 2015 Earnings Guidance

Samsung announces Q3 2015 Earnings Guidance

October 7, 2015 By Siddhanth Leave a Comment

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Samsung today released its earnings guidance for Q3 2015 that ended last month. Compared to the last quarter, Samsung expects a rise in the earnings and estimates the figures to reach around 51 trillion won for consolidated sales and 7.3 trillion won for operating profit.

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

In comparison with the same quarter last year, Samsung’s sales have rose about 7.5 percent while the operating profit a whopping 80 percent. Guess the Galaxy Note 5 and SoC order from Apple for their new iPhones is working wonders!

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