Samsung Electronics Announces Earnings Guidance for Third Quarter 2012

Samsung Electronics Co., Ltd. today announced its earnings guidance for the third quarter, 2012.

Consolidated Sales :  Approximately 52 trillion Korean won (Range: 51 – 53 trillion Korean won)

Consolidated Operating Profit : Approximately 8.1 trillion Won (Range: 7.9 – 8.3 trillion Korean won)

The above figures are consolidated earnings estimates based on K-IFRS

※ ’12 2Q and ’11 3Q consolidated figures based on K-IFRS are as follows

(in trillion won)

’12 .2Q

’11.3Q

Sales

47.60

41.27

Operating profit

6.72

4.25

Disclosure regulations in South Korea do not allow earnings guidance to be provided as a range, therefore the official disclosure was made based on the median value as stated above.

The guidance is provided ahead of the full announcement of quarterly earnings results for the convenience of investors and media, before our external audit on the financial results of our headquarters, subsidiaries and affiliates is completed. Therefore, the above estimate may differ from the actual results.

The full earnings for the third quarter will be disclosed following the Board of Directors’ approval of the financial statements and quarterly reports.

http://www.koreaittimes.com