Tuesday, April 6, 2010
South Korea's Samsung Electronics Co. Ltd. said it expects to report first quarter sales of 33 trillion to 35 trillion Korean won ($29.2 billion to $31 billion).
Samsung said it expects to report a consolidated first quarter profit of about 4.3 trillion won ($3.8 billion)
Samsung's first quarter sales target is above consensus analyst expectations and would represent a record for the firm.In the fourth quarter of 2009, Samsung reported revenue of 39.2 trillion won (about $33.9 billion) and a profit of 3.7 trillion won (about $3.2 billion).
By: DocMemory
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