Thursday, 6 April 2017

Samsung expects to post record operating profit for Q1 2017

Samsung expects to post stellar earnings for the first quarter of 2017 despite its head honcho's scandal in Korea and the lack of a new flagship phone for the period. The company believes its consolidated operating profit will reach approximately 9.9 trillion Korean won ($8.75 billion) for January to March this year. That's significantly larger than its 6.68 trillion won ($5.9 billion) profit for the same period last year and bigger still than its 9.2 trillion won ($7.8 billion) profit for the fourth quarter of 2016.

Source: Samsung, Yonhap News


Samsung expects to post record operating profit for Q1 2017 posted first on http://ift.tt/1tUdcCk

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