Samsung Electronics Announces Earnings Guidance for 4Q 2019

Samsung Electronics today announced its earnings guidance for the fourth quarter of 2019.

• Consolidated Sales: Approximately 59 trillion Korean won

• Consolidated Operating Profit: Approximately 7.1 trillion Korean won

The above estimates are based on K-IFRS. Please note that Korean disclosure regulations do not allow earnings estimates to be offered as a range. To comply with such regulations, the above figures represent the median of the estimate ranges provided below.

• Sales: 58 ~ 60 trillion Korean won

• Operating Profit: 7.0 ~ 7.2 trillion Korean won

※  2019 3Q and 2018 4Q consolidated figures based on K-IFRS are as follows

(in trillion won)       2019.3Q        2018.4Q
Sales                            62.00             59.27
Operating profit              7.78             10.80