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Samsung Elec third-quarter profit guidance beats estimates

2015-10-07 03:42:32| Semiconductors - Topix.net

Samsung Electronics Co Ltd said on Wednesday its July-September operating profit likely leapt 79.8 percent from a year earlier, beating expectations and pushing the South Korean tech giant's share price sharply higher. Samsung, in a regulatory filing, estimated its third-quarter profit at 7.3 trillion won , its first quarterly profit gain in two years and its biggest since the first quarter of 2014.

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