LOGO
LOGO

Earnings News

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

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

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.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19