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You are here: Home / Misc. / Samsung’s Earnings Guidance for Q1 2016

Samsung’s Earnings Guidance for Q1 2016

April 7, 2016 By Siddhanth Leave a Comment

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Samsung has released its earnings guidance for the first quarter that ended on March 31. According to the consolidated earnings based on K-IFRS system, Samsung’s consolidated sales will be in the range of 49 trillion Korean won and operating profit at approximately 6.6 trillion Korean won. As always, the figures are yet to be audited but is a rough estimation for shareholders, media and investors.

In comparison to the same period last year, Samsung recorded 47.1 trillion Korean won and operating profit of 6 trillion Korean won.

Samsung will release final audited results later this month.

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