Samsung Electronics projects record Q2 earnings with $58.4 bil. operating profit

Samsung Electronics projected another record-breaking earnings for the second quarter, predicting an operating profit of 89.4 trillion won ($58.4 billion) and 171 trillion won in sales in its earnings guidance. The company said its operating profit is expected to have surged 1,810.3 percent from a year earlier and 56.2 percent from the previous quarter, while sales also jumped 129.3 percent year-over-year and 27.7 percent from the first quarter. The earnings estimate surpasses Samsung's previous record quarterly operating profit of 57.23 trillion won, set in the first quarter of this year, extending the company's strongest earnings streak on record.Weiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times