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You are here: Home / Company / Samsung releases Q3 2017 Earnings Guidance

Samsung releases Q3 2017 Earnings Guidance

October 13, 2017 By Siddhanth Leave a Comment

Samsung building

Samsung Group’s subsidiary, Samsung Electronics has announced its earnings guidance for the third quarter of 2017. According to the figures based on K-IFRS, Samsung expects consolidated sales to be around 62 trillion won whereas the operating profit to be around 14.5 trillion won.

With these estimates, Samsung will beat last year’s quarter by a whisker but will beat the year-on-year figure by almost three times.

Samsung will report full earnings by end of this month.

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