Samsung Electronics has just announced their earning guidance for the second quarter of 2017.
Based on estimates of consolidated earnings based on the K-IFRS, the Korean version of the Internal Financial Reporting Standards, they have come up with the following figures:
- Consolidated Sales: Approximately 60 trillion Korean won
- Consolidated Operating Profit: Approximately 14.0 trillion Korean won
Since Korean disclosure regulations do not allow earnings estimates to be presented at a range, the above figure is represented from a median of the earnings range provided as follows:
- Sales: 59 – 61 trillion Korean won
- Operating profit: 13.9 – 14.1 trillion Korean won
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