Samsung Electronics Announces Earnings Guidance for Q4 2013
SEOUL--(Korea Newswire) January 7, 2014 -- Samsung Electronics Co., Ltd. today announced its earnings guidance for the fourth quarter of 2013.
Consolidated sales: Approximately 59.0 trillion Korean won(Range: 58 - 60 trillion Korean won)
Consolidated operating profit: Approximately 8.3 trillion Korean won(Range: 8.1 - 8.5 trillion Korean won)
The above figures are consolidated earnings estimates based on K-IFRS
※ 2013 3Q and 2012 4Q consolidated figures based on K-IFRS are as follows
(in trillion won) / 2013.3Q / 2012.4Q
Sales / 59.08 / 56.06
Operating profit / 10.16 / 8.84
Disclosure regulations in South Korea do not allow earnings guidance to be provided as a range, therefore the official disclosure was made based on the median value as stated above.
The guidance is provided ahead of the full announcement of quarterly earnings results for the convenience of investors and media, before our external audit on the financial results of our headquarters, subsidiaries and affiliates is completed. Therefore, the above estimate may differ from the actual results.
The full earnings for the fourth quarter will be disclosed following the Board of Directors’ approval of the financial statements and quarterly reports.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of televisions, smartphones, personal computers, printers, cameras, home appliances, LTE systems, medical devices, semiconductors and LED solutions. We employ 270,000 people across 79 countries with annual sales of US$187.8 billion. To discover more, please visit www.samsung.com.