UPDATE: Samsung has now revised its guidance following the premature end of Galaxy Note7. Samsung says its operating profit is estimated to be around 5.2 trillion won. Samsung has announced the earnings guidance for the recently concluded quarter. According to their estimated figures based on K-IFRS, Samsung expects the consolidated sales for Q3 2016 at […]
financial result
Samsung Q2 2016 profit climbs up due to strong smartphone performance
Samsung today published their Q2 2016 results and its an upward trend for the South Korean chaebol. For the quarter that ended on June 30, 2016, Samsung reported a revenue of 50.94 trillion won, an increase of 2.40 trillion won YOY and recorded an operating profit for the quarter at 8.14 trillion won, an increase […]
Samsung announces Earnings Guidance for Q2 2016
It’s that time of the year again – Samsung has published its earnings guidance and it seems Samsung will report a good profitable quarter. According to the estimated figures based on K-IFRS, Samsung expects consolidated sales to be around 50 trillion won whereas operating profit will hover around 8.1 trillion won. As we state for […]
Galaxy S7 series sales help Samsung’s Q1 2016 earnings
Samsung today reported its financial result for the first quarter that ended on March 31, 2016. Samsung recorded a revenue of 49.78 trillion won, which is an increase of 5.7 percent year-on-year (YoY) whereas operating profit stood at 6.68 trillion won, an increase of 12 percent YoY. Samsung says the increase in earnings is a […]
Samsung releases Q3 2015 result
Samsung published its financial results for the third quarter that ended on September 30, 2015 (Q3). Samsung reported revenues of 51.68 trillion won, an increase of 6 percent quarter-on-quarter (QoQ) and an operating profit of 7.39 trillion won, a 500 billion won increase. Samsung attributes the improved result due to favourable exchange rate and sales […]