Samsung's Q1 Earnings Guidance Suggests A 10.4% Growth In Profit

By 05:25 Sun, 01 Aug 2021 Comments


Samsung seems to be looking at an exceptionally fine first sales quarter this year. The Korean giant just published its earnings guidance for the three month period in question and it recommends consolidated sales of KRW49 trillion ($43.3 billion), which is a notable year-over-year increase over the KRW47.1 trillion ($40.7 million) in Q1 2015.


As for consolidated operating profit, Samsung now expects a figure of KRW6.6 trillion or about $5.7 billion, which constitutes a 10.45% increase over last year. Needless to say, these numbers aren't final, but it is definitely safe to say that the Galaxy S7 flagship duo plays a huge part in the mix.

We recently discussed the formidable sales success the Galaxy S7 has been enjoying with 10 million units shipped in March alone.

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