Samsung guidance reveals tenfold increase in profit for Q1 2024

Samsung announced today its earnings guidance for Q1 2024, where sales are expected to reach between KRW 70 and 72 trillion ($51-$53 billion). The more impressive figure, however, is the operating profit – between KRW6.5 and 6.7 trillion (just under $5 billion) – ten times more compared with the profit during the same period last year.

(all units inKRW / USD)
Q1 2024Earnings Guidance
Q3 2023
QoQ Change
Q1 2023
YoY Change

Sales
71 trillion /52 billion
67.78 trillion /50.09 billion
4.75%
63.75 trillion /47.11 billion
…

​ Samsung announced today its earnings guidance for Q1 2024, where sales are expected to reach between KRW 70 and 72 trillion ($51-$53 billion). The more impressive figure, however, is the operating profit – between KRW6.5 and 6.7 trillion (just under $5 billion) – ten times more compared with the profit during the same period last year.

(all units inKRW / USD)
Q1 2024Earnings Guidance
Q3 2023
QoQ Change
Q1 2023
YoY Change

Sales
71 trillion /52 billion
67.78 trillion /50.09 billion
4.75%
63.75 trillion /47.11 billion
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