Samsung: announces forecasts for Q3

(CercleFinance.com) - Samsung Electronics today announced its earnings forecast for Q3 2022.


The company said it expects consolidated sales of about KRW76 trillion, or about 54.5 billion euros, up 2.7% y-o-y.

However, it has reduced its forecast for consolidated operating profit to about 10.8 trillion Korean won (7.7 billion euros).

Samsung Electronics' original shares are listed on the Korea Exchange (KRX). Its GDR common shares are listed on the London Stock Exchange (LSE) and GDR preferred shares are listed on the Luxembourg Stock Exchange (LuxSE).


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