Samsung 2017 Q4 operating profit or 97 billion yuan hit a single quarter high

【World Wide Web Reporter Wei Yue】 Samsung Electronics will release the fourth quarter of last year's results on the 9th, according to securities industry forecast, despite the exchange rate decline, but Samsung's operating profit in the fourth quarter of last year or up to 16 trillion won (about renminbi 97 billion yuan), the highest single-season record.

South Korea's "Asian Economy" reported on January 3, according to financial information firm FnGuide, on the 2nd, Samsung Electronics sales and operating profits in the fourth quarter of last year will be 67 trillion won and 15.95 trillion won, respectively, an increase of 25.7 over the same period last year. % and 72.9%.

Previously, industry analysts believe that Samsung Electronics’ sales and operating profit for the fourth quarter of last year will reach as high as 70 trillion won and 17 trillion won. However, due to factors such as the issuance of special bonuses, sales and operating profit are expected to decrease by 3 trillion won and 1 trillion won, respectively. In spite of this, Samsung Electronics is highly likely to achieve annual sales of 240 trillion won and operating profit of 50 trillion won.

As of the third quarter of last year, the cumulative sales and operating profits of Samsung Electronics were 173.6 trillion won and 38.53 trillion won respectively.

The industry believes that thanks to the strong export of the semiconductor industry, Samsung's equipment solutions (DS) sector accounted for nearly 70% of total operating profit. The DS department issued special bonuses equivalent to 400% of the basic salary to its employees, but its operating profit will still exceed 10 trillion won.

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