Fri. Apr 19th, 2019

Samsung guidance forecasts 60 percent dip in operating profit

Samsung guidance forecasts 60 percent dip in operating profit

In its earnings guidance for the first quarter of 2019, Samsung said it expected consolidated operating profit of approximately 6.2 trillion Korean won (around $5.5 billion), a drop of roughly 60 percent year-over-year. Consolidated sales, meanwhile, are estimated to be 52 trillion Korean won.

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Source: https://www.techspot.com/news/79527-samsung-guidance-forecasts-60-percent-dip-operating-profit.html

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