Samsung Electronics Announces Earnings Guidance for Second Quarter 2012
SEOUL, KOREA – Samsung Electronics Co., Ltd. today announced its earnings guidance for the second quarter, 2012. The largest conglomerate in Korea recorded approximately 47 trillion Korean won for consolidated sales (Range: 46 – 48 trillion Korean won) and approximately 6.7 trillion Won, consolidated operating profit (Range: 6.5 – 6.9 trillion Korean won).
The above figures are consolidated earnings estimates based on K-IFRS.
※ ’12 1Q and ’11 2Q consolidated figures based on K-IFRS are as follows
(in trillion won)
For ’12 .1Q Sales 45.27 & Operating Profit 5.85
For ’11. 2Q Sales 39.44 & Operating Profit 3.75
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 second quarter will be disclosed following the Board of Directors’ approval of the financial statements and quarterly reports.