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Samsung Q1 operating profit jumps 58%

2018-04-06 08:32:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics said it expects its operating profit for the first quarter rose to KRW 15.6 trillion from a reported KRW 9.90 trillion in Q1 2017. Revenues are expected up nearly 19 percent to KRW 60 trillion.

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Samsung Q4 operating profit grows more than 63%

2018-01-09 08:45:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics expects its Q4 operating profit to grow 63.8 percent year-on-year to KRW 15.1 trillion (USD 14.1 billion). That compares to KRW 9.2 trillion in the fourth quarter of 2016, Samsung said in its preliminary report. Sales are expected to reach KRW 66 trillion for the three months ended 31 December 2017, which represents an increase of 23.8 percent year-on-year.

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LG operating profit recovers on strong revenue growth in Q4

2018-01-08 08:57:00| Telecompaper Headlines

(Telecompaper) LG said preliminary results for the fourth quarter showed a recovery in its operating profit and strong revenues. The company expects revenues for the quarter to amount to KRW 16.96 trillion, an increase of 14.8 percent year-on-year. The operating result will reach KRW 366.8 billion from a loss the year earlier of 35.2 billion.

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