By: Vivek Kumar

galaxy-s7-edge-still

Samsung Electronics today announced its earnings guidance for the second quarter of 2016.

 

  • ŸConsolidated Sales: Approximately 50 trillion Korean won
  • ŸConsolidated Operating Profit: Approximately 8.1 trillion Korean won

 

The above figures are estimates of consolidated earnings based on K-IFRS. Korean disclosure regulations do not allow earnings estimates to be provided as a range. Therefore, the above figures are based on the median of the earnings estimate range, as given below.

 

  • Sales:  49 ~ 51 trillion Korean won
  • ŸOperating Profit: 8.0 ~ 8.2 trillion Korean won

 

  2016 1Q and 2015 2Q consolidated figures based on K-IFRS are as follows

(in trillion won) 2016. 1Q 2015. 2Q
Sales 49.8 48.5
Operating profit 6.7 6.9

Source: Samsung

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