HomeTech PlusMobile NewsSamsung Electronics Announces Earnings Guidance for 3Q 2020

Samsung Electronics Announces Earnings Guidance for 3Q 2020

Samsung Electronics today announced its earnings guidance for the third quarter of 2020.

• Consolidated Sales: Approximately 66 trillion Korean won

• Consolidated Operating Profit: Approximately 12.3 trillion Korean won

The above estimates are based on K-IFRS. Please note that Korean disclosure regulations do not allow earnings estimates to be offered as a range. To comply with such regulations, the above figures represent the median of the estimate ranges provided below.

• Sales: 65 ~ 67 trillion Korean won

• Operating Profit: 12.2 ~ 12.4 trillion Korean won

※ 2020 2Q and 2019 3Q consolidated figures based on K-IFRS are as follows

(in trillion won) 2020.2Q 2019.3Q
Sales 52.97 62.00
Operating profit 8.15 7.78
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