Samsung's Q2 2016 Earnings Guidance is out, profits soar

[GSMArena]

Samsung's has released its Earnings Guidance for Q2 2016 for investors, media and analysts to use before the final audited results become available month. The company expects consolidates sales to be $43.5 billion (KRW 50 trillion), while operating profit will amount to roughly $7 billion (KRW 8.1 trillion). The expectations paint a better quarter compared to the previous one. Then, the company reported revenue of $43.06 billion (KRW 49.78 trillion) and operating profit of $5.77 billion (KRW 6.68 trillion). Via



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