The South Korean company Samsung Electronics today released its financial forecast for the last quarter, that is, for the second quarter of 2021.
Quarterly sales are estimated at KRW 62-64 trillion and operating profit at KRW 12.4-12.6 trillion. In the form of ranges, indicators are presented in accordance with the financial disclosure rules adopted in South Korea, and they are calculated in accordance with International Financial Reporting Standards (K-IFRS). Based on the arithmetic mean, sales are projected to be KRW 52 trillion and operating profit KRW 8.1 trillion.
For comparison, the manufacturer cites values from the previous quarter report and the report for the second quarter of 2020. In the case of sales, this is KRW 65.39 and 52.97 trillion, respectively, and in the case of operating profit, KRW 9.38 and 8.15 trillion.