Discontinuation of Galaxy Note7 would have had an impact on Samsung’s revenues but the Korean giant has now confirmed how big the impact will be. Samsung says approximately 3 trillion won (around $3 billion) will be shaved off for the next two quarters, including 2 trillion on Q4 2016 and 1 trillion in Q1 2017. […]
financial
Samsung publishes Q4 2010 results
Samsung has just published results of its last quarter for 2010 that ended on Dec 31. According to the latest figures, Samsung recorded revenues of 41.87 trillion won on a consolidated basis, a 7 percent increase YoY, 3.42 trillion won of net income which is a 13 percent rise YoY and consolidated operating profit […]
Samsung posts Q3 2010 results
Samsung today announced Q3 2010 results for the quarter ended September 30 2010. The Korean giant posted strong revenue of 40.23 trillion won on a consolidated basis which is said to be the best quarterly revenue recorded since Q4 2009. The consolidated net income stood at 4.46 trillion won, an increase of 17 percent […]
Samsung announces Q2 2010 results
As expected, Samsung has announced its Q2 2010 results. The quarter ended on June 30, 2010 and Samsung has posted revenues of 37.89 trillion Korean won on a consolidated basis, which is a 17 percent increase YoY. Furthermore, Samsung recorded consolidated operating profit of 5.01 trillion won, a 88 percent increase YoY with net […]
Samsung announces Earnings Guidance for Q2 2010
Just like every quarter, Samsung has announced Earnings Guidance of the previously concluded quarter. Earnings Guidance are provided to give shareholders and consumers an estimate how well (or bad) Samsung did for that particular quarter. According to figures published as per K-IFRS system, Samsung is expecting consolidated sales to around 37 trillion won and […]