Samsung Group’s subsidiary, Samsung Electronics has announced its earnings guidance for the third quarter of 2017. According to the figures based on K-IFRS, Samsung expects consolidated sales to be around 62 trillion won whereas the operating profit to be around 14.5 trillion won.
With these estimates, Samsung will beat last year’s quarter by a whisker but will beat the year-on-year figure by almost three times.
Samsung will report full earnings by end of this month.