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Samsung guidance reveals tenfold increase in profit for Q1 2024

By Jubair Hossin Babu, 04/05/2024


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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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