Samsung Electronics has announced earnings guidance for the fourth
quarter of the year 2015. The company forecasted an operating profit of
6.1 trillion Korean won (around $5.08 billion), which is up around 15%
compared to the 5.3 trillion won figure the company reported in Q4 2014.
However, compared to Q3 2015, when the company reported a profit of
7.4 trillion won, the profit was down around 18%. The forecast also
missed market expectations - analysts were expecting the company to
report a profit of around 6.6 trillion won.
Overall sales revenues are forecasted to be around 53.0 trillion won (around $46.4 billion), slightly up from the 52.7 trillion won figure reported in the same quarter of the year 2014. Samsung is expected to release final figures towards the end of this month.
Overall sales revenues are forecasted to be around 53.0 trillion won (around $46.4 billion), slightly up from the 52.7 trillion won figure reported in the same quarter of the year 2014. Samsung is expected to release final figures towards the end of this month.
0 comments:
Post a Comment