Samsung Electronics Issues Q1 Guidance - Quick Facts

Samsung Electronics (SMSN.L,SSNNF.OB,SSNLF.OB) said, based on K-IFRS, for the first quarter of 2021, the company expects: consolidated operating profit of approximately 9.3 trillion Korean won; and consolidated sales of approximately 65 trillion Korean won. The company noted that the guidance figures represent the median of the estimate ranges: operating profit: 9.2 to 9.4 trillion Korean won; and sales: 64 to 66 trillion Korean won. Korean disclosure regulations do not allow earnings estimates to be offered as a range.

For the first quarter of previous year, the company's operating profit was 6.45 trillion won, and sales were 55.33 trillion won.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
This Black Friday and the following holiday season, retailers across the United States are urged to keep up their inventory amid expected surge in shopping as majority of Americans wait till last minute to fill their baskets, according to certain studies. A new Oracle Retail survey, which was conducted last week and presented earlier this week, showed that 66 percent of consumers were less than Eagle, Idaho -based Flagship Food Group is recalling certain TJ Farms Select brand frozen cauliflower, citing the potential to be contaminated with Listeria monocytogenes, the U.S. Food and Drug Administration said. The recall involves a limited number of cases of TJ Farms Select cauliflower that comes in 16 oz. packages with lot code 2077890089 and UPC code 75544000604-3. The U.S. Food and Drug Administration has approved Takeda Pharmaceuticals Co. Ltd.'s Livtencity (maribavir) as the first drug to treat post-transplant cytomegalovirus or CMV in adults and pediatric patients. The approval is to treat patients 12 years of age and older and weighing at least 35 kilograms with post-transplant CMV infection/disease that does not respond...
Follow RTT