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Samsung expects about 50% rise in Q4 operating profit

Staff Writer | January 6, 2017
Samsung Electronics expects that its fourth-quarter operating profit will increase 49.8% from last year.
Samsung Electronics
Electronics   9.2 trillion Korean won
The company projects operating profit of about 9.2 trillion Korean won in the fourth-quarter, compared to 6.14 trillion won reported last year.

The company also estimated fourth-quarter revenue of about 53 trillion won compared to 53.32 trillion won last year.

Overall the company estimates full-year 2016 consolidated sales of about 201.54 trillion won and consolidated operating profit of about 29.22 trillion won.

This compared to consolidated sales of 200.65 trillion won and operating profit of 26.41 trillion won reported in the prior year.