Samsung Electronics posts earnings guidance for Q1 with higher consolidated sales

Last year, Samsung posted an impressive tenfold increase in profit for the first quarter of the year on the back of strong Galaxy S24 sales, as well as favorable prices of memory semiconductors. The Q1 report for this year isn’t ready yet, but the company just posted earnings guidance. Estimates based on K-IFRS show that Samsung is looking at higher consolidated sales of around KRW 79 trillion (up from KRW 72 trillion in Q1 2024), but the operating profit stays the same as last year at KRW 6.6 trillion. Samsung notes that K-IFRS requires specific numbers to be reported, but the press...

Apr 9, 2025 - 22:13

Samsung Electronics posts earnings guidance for Q1 with higher consolidated sales

Last year, Samsung posted an impressive tenfold increase in profit for the first quarter of the year on the back of strong Galaxy S24 sales, as well as favorable prices of memory semiconductors. The Q1 report for this year isn’t ready yet, but the company just posted earnings guidance. Estimates based on K-IFRS show that Samsung is looking at higher consolidated sales of around KRW 79 trillion (up from KRW 72 trillion in Q1 2024), but the operating profit stays the same as last year at KRW 6.6 trillion. Samsung notes that K-IFRS requires specific numbers to be reported, but the press...