Samsung guides third-quarter operating profit to KRW 107.4tn, above its second-quarter record
KRW 107.4tn.
That is Samsung Electronics' estimate for third-quarter operating profit, according to guidance published Thursday morning in Korea. Consolidated sales are estimated at KRW 195tn.
The operating profit estimate is 20 percent above the KRW 89.49tn reported for the second quarter and 782.5 percent above the KRW 12.17tn reported a year earlier. Sales rose 13.7 percent from the second quarter and 126.6 percent from the year-earlier period.
These are preliminary accounts. Samsung says Korean disclosure rules do not allow estimate ranges, so it published midpoint values from ranges of KRW 194tn to KRW 196tn for sales and KRW 107.3tn to KRW 107.5tn for operating profit.
The release gives no divisional results, net income or explanation for the change.

