On January 11, 2018, Samsung Electronics Co., Ltd. announced its earnings guidance for the fourth quarter of 2017. And they are looking positive:
- Consolidated Sales: Approximately 66 trillion Korean won
- Consolidated Operating Profit: Approximately 15.1 trillion Korean won
The above figures are estimates of consolidated earnings based on K-IFRS as per the table below:
(in trillion won) | 2017.3Q | 2016.4Q | FY 2016 |
Sales | 62.05 | 53.33 | 201.87 |
Operating Profit | 14.53 | 9.22 | 29.24 |
Please note that 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:
- Sales: 65 ~ 67 trillion Korean won
- Operating Profit: 15.0 ~ 15.2 trillion Korean won
Overall the company estimated full-year 2017 consolidated sales of approximately 239.60 trillion Korean won and consolidated operating profit of approximately 53.60 trillion Korean won.