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Samsung: operating profit in the second quarter will grow by 5.19% over the same period last year.

via:CnBeta     time:2018/7/6 11:34:51     readed:187

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Samsung said that the company's second-quarter consolidated revenues ranged from 57 trillion won to 59 trillion won, with a median of 58 trillion won ($51.8 billion), down 4.92 from 61 trillion won in the same period last year. %, down 4.23% from the 60.56 trillion won in the first quarter of this year.

Samsung said that its consolidated operating profit for the second quarter ranged from 14.7 trillion won to 14.9 trillion won, with a median value of 14.8 trillion won ($13.2 billion), an increase of 5.19% from 14.07 trillion won in the same period last year. , down 5.37% from 15.64 trillion won in the first quarter of this year.

Samsung's second-quarter operating profit outlook did not meet expectations. According to an average of 18 analysts surveyed by Thomson Reuters, Samsung’s operating profit for the second quarter was 14.9 trillion won. Analysts said the weak mobile business is putting pressure on the high margins of Samsung chip sales.

Samsung will release detailed results for the second quarter at the end of this month.

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