Samsung warns for lower revenues, profit in Q4

News Wireless Global 8 JAN 2019
Samsung warns for lower revenues, profit in Q4

Samsung has announced its preliminary results for the fourth quarter, with both revenues and profit falling sequentially and year-on-year. Revenues for the fourth quarter are expected to fall to KRW 59 trillion from 65.46 trillion in the previous quarter and 65.98 trillion the year before. The operating profit is seen at KRW 10.8 trillion, a sharp decline from the 17.57 trillion recorded in the third quarter and 15.15 trillion reported the year earlier.

Full details of the quarterly results will be released at a later date. 

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Mobile

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Samsung

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Global

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Financial figures, Consumer devices, Handsets

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