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Samsung expects slight increase in operating profit

Staff Writer | October 7, 2016
Samsung Electronics announced its earnings guidance for the third quarter of 2016. Consolidated sales are expected to be approximately 49 trillion Korean won.
Samsung Electronics   Earnings Guidance for Q3 2016
ŸConsolidated Operating Profit: Approximately 7.8 trillion Korean won. Sales: 48 ~ 50 trillion Korean won. Operating Profit: 7.7 ~ 7.9 trillion Korean won.

The above figures are estimates of consolidated earnings based on K-IFRS. Korean disclosure regulations do not allow earnings estimates to be provided as a range. Therefore, in compliance with such disclosure regulations, the above figures represent the median of the earnings estimate range, provided below.