Samsung Electronics Co. Ltd consolidated sales in Q4FY19 to be around 59 trillion Korean won

  • Jan 08, 2020 GMT
  • Team Kalkine
  Samsung Electronics Co. Ltd (LON: SMSN) has released its earnings guidance for the fourth quarter of 2019.
  • The company has stated that its consolidated sales are likely to be around 59 trillion Korean won, based on K-IFRS.
  • In the Q4 the company expects the consolidated operating profit to be around 7.1 trillion Korean won.
  • The consolidated sales figures represent the median of the estimate range of 58 trillion to 60 trillion Korean won, while operating profit was in the range of 7.0 trillion to 7.2 trillion Korean won.
  • On 8th January 2020, at the time of writing, GMT 08:05 AM, SMSN shares were trading at USD 1,215.50, up by 10.50 points or 0.87% against the previous day closing price.

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