Samsung today released its earnings guidance for the recently concluded third quarter.
According to the figured based on K-IFRS, Samsung is expecting the consolidated sales to reach around 65 trillion Korean won with an operating profit of approx. 17.5 trillion Korean won.
The numbers are looking slightly better than what Samsung reported in the last quarter or even on a year-on-year basis.
Samsung releases an earning guidance every quarter to investors, analysts and media before the actual reported earnings, which is around the end of this month.