Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
6
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
9
Opposition chief acquitted of instigating perjury
-
10
Job creation lowest on record among under-30s
SEOUL (Yonhap News) -- Samsung Electronics Co., the world's biggest maker of computer memory chips and the No. 2 mobile-phone maker, estimated Friday that it had logged an operating profit of 4.2 trillion won ($3.49 billion) in the third quarter.
The preliminary estimate for the July-September period marks a 13.6 percent decline from an operating profit of 4.86 trillion won one year ago, Samsung said in a regulatory filing.
The guidance beat the median market forecast. Samsung was expected to report an operating income of 3.35 trillion won in the three-month period.
Its third-quarter sales rose 1.9 percent on-year to 41 trillion won, said the company, which did not announce an estimate of its net income.
Samsung, the world's largest supplier of liquid crystal display (LCD) panels and TVs, is scheduled to release detailed results later this month.
