Samsung Electronics Announces Earnings Guidance for Fourth Quarter 2009
Consolidated revenues estimated at 39 trillion Korean won;operating profit at 3.7 trillion won.
SEOUL, Korea: Samsung Electronics Co., Ltd. announced its earnings guidance for the fourth quarter ended December 31, 2009.
Consolidated Revenue: 39 trillion Korean won
(Range : 38 – 40 trillion Korean won)
Consolidated Operating Profit: 3.7 trillion Korean won
(Range : 3.5 – 3.9 trillion Korean won)
The estimated revenues for the fiscal year of 2009 was 136.05 trillion Korean won on consolidated basis, while operating profit was expected to be 10.92 trillion Korean won
The earnings and operating profit for the fiscal year of 2009 estimated be disclosed following the Board of Directors’ approval of the financial statements and quarterly report.
* Disclosure regulations in South Korea do not allow earnings guidance to be provided as a range, therefore the official disclosure was made based on the median value as stated above.
The guidance is provided ahead of the full announcement of quarterly earnings results for the convenience of investors and other stakeholders.
The guidance is based on non-financial business only, before the completion of the external audit of the financial results of parent company, subsidiaries and affiliates. Actual quarterly results may differ from the guidance.
The full earnings for the fourth quarter of 2009 will be disclosed following the Board of Directors’ approval of the financial statements and quarterly report.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices across 61 countries, the company consists of seven independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Semiconductor and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
SEOUL, Korea: Samsung Electronics Co., Ltd. announced its earnings guidance for the fourth quarter ended December 31, 2009.
Consolidated Revenue: 39 trillion Korean won
(Range : 38 – 40 trillion Korean won)
Consolidated Operating Profit: 3.7 trillion Korean won
(Range : 3.5 – 3.9 trillion Korean won)
The estimated revenues for the fiscal year of 2009 was 136.05 trillion Korean won on consolidated basis, while operating profit was expected to be 10.92 trillion Korean won
The earnings and operating profit for the fiscal year of 2009 estimated be disclosed following the Board of Directors’ approval of the financial statements and quarterly report.
* Disclosure regulations in South Korea do not allow earnings guidance to be provided as a range, therefore the official disclosure was made based on the median value as stated above.
The guidance is provided ahead of the full announcement of quarterly earnings results for the convenience of investors and other stakeholders.
The guidance is based on non-financial business only, before the completion of the external audit of the financial results of parent company, subsidiaries and affiliates. Actual quarterly results may differ from the guidance.
The full earnings for the fourth quarter of 2009 will be disclosed following the Board of Directors’ approval of the financial statements and quarterly report.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices across 61 countries, the company consists of seven independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Semiconductor and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
Posts
No comments: