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Tag: samsung profit
Samsung sees smaller drop in Q4 operating profit on flat revenues
2020-01-08 08:48:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics has forecast operating profit for the fourth quarter of 2019 down by around a third. Revenues are expected flat, the company said in its preliminary earnings guidance.
Tags: operating
flat
drop
samsung
Samsung profit drops steeply in Q2 but results show sequential improvement
2019-10-08 08:59:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics has provided an earnings guidance for the third quarter, with revenues and profit seen lower year-on-year, but higher on a sequential basis. Samsung said it expects revenues at KRW 61-63 trillion, off from last year's 65.46 trillion but better than the 56.13 trillion reported in the second quarter. The consolidated profit meanwhile is expected at KRW 7.6-7.8 trillion, a steep drop from the record figure of 17.57 trillion achieved the year before. Compared to the previous quarter's KRW 5.18 trillion however, the number is an improvement.
Tags: show
results
improvement
samsung
Samsung profit halves in Q2 on weak memory market, lower phone margins
2019-07-31 08:52:00| Telecompaper Headlines
(Telecompaper) Samsung's net profit in the second quarter more than halved, to KRW 5.18 trillion from KRW 11.04 trillion a year ago, due to a fall in results at its semiconductor business and lower profitability in smartphones. The company's revenues fell 56 percent to KRW 56.13 trillion, led by the decline in memory products.
Tags: phone
market
lower
memory
Samsung profit more than halves to KRW 6.2 tln in Q1
2019-04-05 09:04:00| Telecompaper Headlines
(Telecompaper) Samsung said expects revenues for the first quarter to fall to KRW 52 trillion from 60.56 trillion the year before and 59.27 trillion in the fourth quarter. The operating profit meanwhile will more than halve to KRW 6.2 trillion from 15.64 trillion year-on-year and 10.80 quarter-on-quarter.
Tags: samsung
profit
q1
halves
Samsung issues profit warning, as handset demand wanes
2019-03-26 01:00:00| Total Telecom industry news
Korean tech giant Samsung has issued a surprise profit warning, as declining handset sales hit the company's bottom line, according to reports in the UK press. The company also blamed a slump in the memory chip market for the drop in profits…read more on TotalTele.com »
Tags: issues
samsung
demand
profit
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