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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
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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.

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