Samsung sees Q4 operating profit up over 50 percent

News Wireless Global 7 JAN 2022
Samsung sees Q4 operating profit up over 50 percent

Samsung Electronics is guiding for an operating profit of KRW 13.7-13.9 trillion for the fourth quarter of 2021, on revenues of KRW 75-77 trillion. The company noted that the figures reflect a one-time special bonus made to employees. 

At the mid-range, operating profit of KRW 13.8 trillion is up 52.5 percent from KRW 9.05 trillion a year earlier, and revenues rose 23.5 percent from KRW 61.55 trillion in Q4 2020. The numbers compare to an operating profit of KRW 15.8 trillion and sales of KRW 73.9 trillion in the third quarter. 

 

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