Samsung earnings guidance reveals strong Q1 despite COVID-19 outbreak

The latest quarterly earnings guidance by Samsung is out and the numbers look promising. In the first three months of 2020, the company increased its sales by 5% on a yearly basis, while the operating profit rose 3%, compared to Q1 2019. Q1 2020 Guidance KRW / USD Q1 2019 Results KRW / USD Q4 2019 Results KRW / USD Sales 55 trillion / 45.1 billion 52.39 trillion / 43 billion 59.88 trillion / 49.1 billion Operating Profit 6.4 trillion / 5.25 billion 6.23 trillion / 5.11 billion 7.16 trillion / 5.87 billion ...

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