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Wireless

Samsung sees Q1 operating profit up 48%

Friday 7 April 2017 | 09:15 CET | News
Samsung Electronics expects to report a strong increase in first-quarter operating profit, to KRW 9.9 trillion from KRW 6.68 trillion a year earlier. The result is also better than the KRW 9.22 trillion reported for the seasonally strong fourth quarter. Samsung expects revenues to reach KRW 50 trillion in Q1, up slightly from KRW 49.78 trillion reported a year earlier and down from KRW 53.33 trillion in Q4. The full first-quarter results will be reported later this month.

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Categories: Mobile & Wireless
Companies: Samsung
Countries: World
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