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Samsung Expects Improved Sales For Q1

South Korean electronics major Samsung Electronics Co., Ltd. (SMSN.L), on Thursday said it expects a rise in sales for the first quarter of fiscal 2022.

For the first quarter of 2022, the company expects its consolidated sales to be at around 77 trillion Korean won and consolidated operating profit of around 14.1 trillion Korean won. This is an improvement from last year's sales of 65.39 trillion Korean won and earnings of 9.38 trillion Korean won.

The first-quarter guidance is also sequentially higher than last fiscal's fourth-quarter sales of 76.57 trillion Korean won and operating profit of 13.87 trillion Korean won.

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