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Samsung expects operating profit to grow 53.4% between April-June

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Seoul, Jul 7 (EFE/EPA).-South Korean tech giant Samsung Electronics announced Wednesday that it expects an operating profit of about 12.5 trillion Korean won (around $10.99 billion) in the second quarter, a year-on-year increase of 53.4 percent, driven by a good performance by its chips division.This would also be 33.3 percent more than the operating profit that the South Korean tech giant posted between January and March of this year.In its earnings guidance report, the company, which is headquartered in Suwon, forecast that consolidated sales for the April-June period will be about 63 trillion Korean won. (Camera: ARCHIVE).ARCHIVE FOOTAGE OF SAMSUNG STORES IN SEOUL, SOUTH KOREA.

Added on the 07/07/2021 14:00:00 - Copyright : EFE Inglés

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  • Samsung expects operating profit to grow 53.4% in Q2

    Seoul, Jul 7 (EFE/EPA).-South Korean tech giant Samsung Electronics announced Wednesday that it expects an operating profit of about 12.5 trillion Korean won (around $10.99 billion) in the second quarter, a year-on-year increase of 53.4 percent, driven by a good performance by its chips division.This would also be 33.3 percent more than the operating profit that the South Korean tech giant posted between January and March of this year.In its earnings guidance report, the company, which is headquartered in Suwon, forecast that consolidated sales for the April-June period will be about 63 trillion Korean won. (Camera: JEON HEON-KYUN).B-ROLL OF SAMSUNG STORES IN SEOUL, SOUTH KOREA.

    07/07/2021 - EFE Inglés
  • Samsung expects operating profit to grow 29.5% in 2020

    Seoul, Jan 8 (EFE/EPA).- Samsung Electronics announced Friday that it expects an operating profit of about 35.95 trillion won ($36,475 million) for all of 2020, 29.5 percent more than the year above, thanks to the increased demand for its main product, semiconductors.The South Korean company explained that it expects sales income for the entire year of about 236.26 trillion won ($215.570 million), 2.5 percent more compared to 2019.This improved performance responds to the limitation of the effects of the trade conflict between China and the US, which reached its worst levels in 2019, and the pandemic, which has increased demand, mainly for server chips. (Camera: JEON HEON-KYUN). SHOT LIST: THE SAMSUNG ELECTRONICS HEADQUARTERS SHOP IN SEOUL, SOUTH KOREA.

    08/01/2021 - EFE Inglés
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    Seoul, Oct 8 (EFE/EPA).- Samsung Electronics said Friday it expects to register a 15.8 trillion won ($ 13.3 billion) operating profit in the year’s third quarter, representing 27.9 percent more year-on-year thanks to the continued good performance of its chip branch.This operating result, though below analysts' estimates, would also represent an advance of 25.7 percent compared to April-June, according to the financial projection of the South Korean technology giant published Friday.The company based in Suwon (south of Seoul) also said it expects to have a turnover in the July-September period of about 73 trillion won. (Camera: JEON HEON-KYUN). SHOT LIST: THE SAMSUNG ELECTRONICS GALLERY AT THE SAMSUNG ELECTRONICS HEADQUARTERS IN SEOUL, SOUTH KOREA.

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  • Samsung expects 58% rise in 2020 Q3 operating profit

    Seoul, Oct 8 (EFE/EPA).- South Korean tech giant Samsung Electronics announced Thursday that it expects an operating profit of 12.3 trillion won (around $10.63 billion) in the third quarter of 2020, a year-on-year increase of 58 percent.This would also be 50.9 percent more than the operating profit recorded in the previous quarter. (Camera: JEON HEON-KYUN).SHOT LIST: PEOPLE VISIT SAMSUNG ELECTRONICS GALLERY AT THE SAMSUNG ELECTRONICS HEADQUARTERS IN SEOUL, SOUTH KOREA.

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    Seoul, Apr 7 (EFE/EPA).-South Korean tech giant Samsung Electronics announced Tuesday that it expects a year-on-year increase of 2.7 percent in its operating profit in the first quarter of 2020 driven by a robust demand for chips, its main product. (Camera: JEON HEON-KYUN).FOOTAGE SHOWS A SAMSUNG SHOP IN SEUL, SOUTH KOREA.

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