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Samsung operating profit hits record high of KRW 17.5 tln

2018-10-05 09:06:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics gave an earnings guidance for the third quarter, saying revenues climbed to KRW 65 trillion from 62.05 trillion the year before and 58.48 trillion in the previous quarter. The operating profit soared to a record high of KRW 17.5 trillion from 14.53 trillion year-on-year and 14.87 quarter-on-quarter.

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Samsung sees record third quarter profit on chip demand

2018-10-05 04:50:46| BBC News | Business | UK Edition

Strong demand for its electronic components is expected to boost profits at the South Korean firm.

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Samsung Q1 operating profit jumps 58%

2018-04-06 08:32:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics said it expects its operating profit for the first quarter rose to KRW 15.6 trillion from a reported KRW 9.90 trillion in Q1 2017. Revenues are expected up nearly 19 percent to KRW 60 trillion. 

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Samsung profit jumps in Q3, boosted by strength at chips, high-end phones

2018-01-31 12:15:00| Telecompaper Headlines

(Telecompaper) The memory business again showed the strongest growth, with sales rising 54 percent to KRW 17.94 trillion. Semiconductor sales advanced 42 percent to KRW 21.11 trillion. Samsung said it benefited from good market conditions, driven by demand for mobile and data centre applications. The supportive market environment is expected to continue into 2018. 

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Samsung Q4 operating profit grows more than 63%

2018-01-09 08:45:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics expects its Q4 operating profit to grow 63.8 percent year-on-year to KRW 15.1 trillion (USD 14.1 billion). That compares to KRW 9.2 trillion in the fourth quarter of 2016, Samsung said in its preliminary report. Sales are expected to reach KRW 66 trillion for the three months ended 31 December 2017, which represents an increase of 23.8 percent year-on-year. 

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