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Samsung Electronics Announces Earnings Guidance for 1Q 2020


Samsung Electronics today announced its earnings guidance for the first quarter of 2020.

  • Consolidated Sales:  Approximately 55 trillion Korean won
  • Consolidated Operating Profit:  Approximately 6.4 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:  54 ~ 56 trillion Korean won
  • Operating Profit:  6.3 ~ 6.5 trillion Korean won

2019 4Q and 2019 1Q consolidated figures based on K-IFRS are as follows

(in trillion won)            2019.4Q           2019.1Q
Sales                               59.88                  52.39
Operating profit                 7.16                    6.23

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