Samsung Expects Record Q1 Operating Profit
Published on: 6th Apr 2012
Note -- this news article is more than a year old.
By: Ian Mansfield
Samsung Electronics has announced that it expects its forthcoming first quarter operating profits to reach a record 5.8 trillion won ($5.1 billion) compared to 2.95 trillion won a year ago.
The profit figure was higher than most analyst expectations which had averaged around the 5 trillion won mark.
In a pre-earnings forecast, the company also said that revenues for the three months to the end of March would be approximately 45 trillion won.
The formal results will be announced later this month.