Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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

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.

Click here to receive FREE breaking news email alerts for Samsung Electronics Co. Ltd. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Tuesday after the markets closed that its fourth quarter profit fell 6% from last year, as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. This organic and natural products company has experienced strong compounded annual growth over the last four fiscal years with its net sales growing 25% and adjusted income from continuing operations over 30%. Here is a quick summary of the earnings reported after the bell on Nov. 24. 1. Amira Nature Foods Ltd (ANFI) reported net income for the second quarter of $8.3 million or $0.29 per share, compared to $5.0 million or $0.18 per share for the year-ago quarter. Excluding items, adjusted earnings...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.