Samsung Electronics Announces Earnings Guidance for 4Q 2016

Samsung Electronics today announced its earnings guidance for the fourth quarter of 2016.

• Consolidated Sales: Approximately 53 trillion Korean won
• Consolidated Operating Profit: Approximately 9.2 trillion Korean won

The above figures are estimates of consolidated earnings based on K-IFRS. Please note that Korean disclosure regulations do not allow earnings estimates to be provided as a range. Therefore, in compliance with such disclosure regulations, the above figures represent the median of the earnings estimate range, provided below.

• Sales:  52 ~ 54 trillion Korean won
• Operating Profit: 9.1 ~ 9.3 trillion Korean won

Overall the company estimated full-year 2016 consolidated sales of approximately 201.54 trillion Korean won and consolidated operating profit of approximately 29.22 trillion Korean won.

The above figures are estimates of consolidated earnings based on K-IFRS.

※ 2016 3Q, 2015 4Q and FY 2015 consolidated figures based on K-IFRS are as follows