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Samsung Electronics Expects 97% Surge In Q1 Operating Profit - Quick Facts

4/5/2012 8:55 PM ET

South Korea's Samsung Electronics Co. Ltd. (SSNLF.PK, SSNNF.PK) said in a regulatory filing that it estimates first quarter operating profit of 5.80 trillion won, which represents a growth of 96.61 percent from 2.95 trillion won in the year-ago quarter.

Samsung also said it now predicts first quarter sales of 45.00 trillion won, which is 21.65 percent higher than 36.99 trillion won a year earlier.

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by RTT Staff Writer

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