Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) announced that it expects fourth-quarter operating profit to rise approximately 208.17 percent from last year. The company also projects quarterly sales to increase 22.71 percent.
The South Korean tech giant forecasts operating profit of about 20.00 trillion Korean won in the fourth quarter, compared to 6.49 trillion won a year earlier. In the third quarter, it reported operating profit of 12.17 trillion won.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.