Skip to main content Go body Go Menu
G03-8236672469

Samsung Announce 11.37% more Revenue & 931.25% More Operating Profit YOY for 1Q 2024

NSP NEWS AGENCY, By Hyun-jin Kim and Bok-hyun Lee, 2024-04-06 19:44 ENX7
#Samsung Elctronics #1Q2024Preliminary #Revenues #OperatingProfits
NSP통신

(Seoul=NSP NEWS AGENCY) = Samsung Electronics announced a preliminary estimate for the first quarter of 2024 (consolidated).

The announcement said 71 trillion won of revenues and 6.6 trillion won of operating profits were generated in 1Q 2024, which is 11.37% and 931.25% higher YoY, or 4.75% and 134.04% higher QoQ, respectively.

In particular, Samsung’s 1Q 2024 earnings were above the consensus estimate. Analysts said the great profits were driven by reduced memory chip production, better circumstances in the semiconductor industry, and higher sales of the Galaxy S24 series.

G03-8236672469

The preliminary estimate was estimated based on the K-IFRS.

ⓒNSP News Agency·NSP TV. All rights reserved. Prohibits using to train AI models.

[NSPAD]LG그룹

 

G01-7888933544