Samsung revealed its quarterly earnings guidance for the last three months of 2019 and the numbers do not bring joy. Operating profit is expected to decline around 30%, while the sales remain stagnant on a yearly basis. Compared with Q3 2019, the sales are down 6.5%, while profit declined by just under 9%. Q4 2019 Guidance KRW / USD Q4 2018 Results KRW / USD Q3 2019 Results KRW / USD Sales 59 trillion / 50.4 billion 59.27 trillion / 50.72 billion 63 trillion / 53.9 billion Operating Profit 7.1 trillion / 6.07...
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Samsung earnings guidance for Q4 2019 shows decline in profit
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January 08, 2020
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