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Samsung Electronics posted revenue forecast for the third quarter of 2011

Samsung Electronics has issued a financial forecast for investors in the III quarter of 2011.

Revenue from sales on a consolidated basis:
about 41 trillion Korean won (approx. $ 34.7 billion). Range: 40-42 trillion Korean won.
Operating profit on a consolidated basis:
approximately 4.2 trillion Korean won (approximately $ 3.56 billion). Range: 4,0-4,4 trillion Korean won.
The above figures are a forecast of income on a consolidated basis, calculated in accordance with international standards of reporting K-IFRS.

Consolidated Samsung Electronics, calculated in accordance with international accounting K-IFRS for the II quarter of 2011 and the III quarter of 2010 (in trillion Korean won):

As the company claims, operating in South Korea, the announcement of the rules of financial information does not allow you to publish earnings forecast as a range of values, so the official forecast are above average.

Forecast is published before the actual announcement of financial results for the quarter convenience of investors and the press, but the full actual figures - after an external audit of data at headquarters, subsidiaries and affiliates. Therefore, this forecast may differ from actual results.

Complete data on income for the III quarter will be published after approval of financial statements and quarterly reports of the board of directors of the company.

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