Samsung Electronics has released its latest earnings guidance, revealing that another very solid quarter is in the books. The report revealed that consolidated sales between April and June 2022 were KRW 77 trillion (about $ 59.2 billion), while consolidated operating profit was KRW 14 trillion (about $ 10.76 billion). dollars).
| Guide to the second quarter 2022 KRW / USD | Results for the first quarter of 2022 KRW / USD | Results for the second quarter of 2021 KRW / USD | |
| Sales | KRW 77 trillion / $ 59.2 billion | KRW 77.78 trillion / $ 59.77 billion | KRW 63.67 trillion / $ 48.93 billion |
| Operating profit | KRW 14 trillion / $ 10.76 billion | KRW 14.12 trillion / USD 10.85 billion | KRW 12.57 trillion / $ 9.66 billion |
The numbers are down slightly from the previous quarter, but significantly higher on an annual basis. Compared to the second quarter of 2022, Samsung led 22% more in sales and 12% more in operating profit.
In the future, Samsung aims to strengthen its position in the premium smartphone market and SoC chip manufacturing. The full breakdown of financial results is expected in late July when we get a clearer picture of what drove the strong performance.
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