Samsung Q2 financial guidance points to highest ever profits

Samsung had an impressive first quarter of 2017, and the company is headed to an even better Q2 with more than 20% rise in both sales and operating profit. The company announced its earnings guidance for Q2 2017 where sales are estimated to be around KRW60 trillion, or about $52 billion.

According to the press release, it is also expecting a record-breaking operational profit. The number stood at KRW9.9 trillion for January-March, and it jumped to KRW14 trillion or about $12.2 billion in Q2.

The numbers are certainly good news for Samsung. Q2 2017 is going to be the most successful…

http://ift.tt/2uxkEMz (Source)

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