Samsung Electronics estimates operating profit


Seoul, Apr 5 (IANS): Samsung Electronics estimated Friday the record level of operating profit for the first quarter.

The preliminary operating profit was estimated at 8.7 trillion won ($7.73 billion) in the January-March period, slightly down from a previous record high of 8.84 trillion won tallied in the fourth quarter of 2012, reported Xinhua.

Sales were estimated at 52 trillion won in the three months ending March 31, down from 56.06 trillion won in the previous quarter.

Samsung did not unveil its estimate for net profit and a breakdown of each division. The final results will be announced after auditing and approval of board of directors.

  

Top Stories


Leave a Comment

Title: Samsung Electronics estimates operating profit



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.