Samsung has issued a guidance for its second quarter, saying it expects to report a higher operating profit despite lower revenues year-on-year and sequentially.
The company sees revenues for the company at KRW 52 trillion, off from last year’s 56.13 trillion and the 55.33 trillion reported in the first quarter, when the coronavirus pandemic started taking its toll. By contrast, the operating profit is expected to hit KRW 8.1 trillion, against 6.60 trillion the year earlier and 6.45 trillion in the previous quarter.
