Samsung provides earnings guidance for Q2 2009

Samsung Office

 

Samsung will be announcing the second quarter earnings on July 24 but they have announced an Earnings Guidance so as to control the speculation amongst investors and stock market that arises before the announcement of the result. It’s actually a good move to somewhat control the market prices but let’s not forget the fact that this Guidance may be far from truth since the earnings are announced only after a proper audit.

Anyways, the estimated revenues for the previous quarter ended June 30, 2009 was around 31 to 33 trillion Won and the operating profit is expected to be around 2.2 to 2.6 trillion Won.

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2 Responses to “ Samsung provides earnings guidance for Q2 2009 ”

  1. [...] has posted the second quarter 2009 results and it goes well with the earnings guidance announced two weeks back. They have recorded revenues of 32.5 trillion KRW with an increase of 11.7 percent [...]

  2. [...] to what Samsung did for Q2, they have announced the earnings guidance for Q3 2009 as well. The Korean giant’s [...]

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