Samsung Electronics Earnings Beat

April 07, 2017

Samsung Electronics announced its earnings guidance for the first quarter of 2017.

Consolidated Sales: Approximately 50 trillion Korean won
Consolidated Operating Profit: Approximately 9.9 trillion Korean won

Investors were looking for an operating profit of only 9.4 trillion won. Samsung's revenue of 50 trillion won also exceeded expectations.

The above figures are estimates of consolidated earnings based on K-IFRS. Please note that Korean disclosure regulations do not allow earnings estimates to be provided as a range. Therefore, in compliance with such disclosure regulations, the above figures represent the median of the earnings estimate range, provided below. >

  • Sales: 49 ~ 51 trillion Korean won
  • Operating Profit: 9.8 ~ 10.0 trillion Korean won

※ 2016 4Q and 2016 1Q consolidated figures based on K-IFRS are as follows: 

(in trillion won) 2016. 4Q 2016. 1Q
Sales 53.33 49.78
Operating Profit 9.22 6.68

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