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Samsung anticipates an operating profit of 4.5 billion in the first quarter

MADRID, 5 Abr.

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Samsung anticipates an operating profit of 4.5 billion in the first quarter

MADRID, 5 Abr. (EUROPA PRESS) -

The South Korean technology giant Samsung Electronics expects to record an operating profit of 6.6 trillion won (4.51 billion euros) in the first quarter of 2024, which would multiply the result of 0.64 trillion yen (440 million euros) by ten. euros) from the same period in 2023, as the company has announced.

At the end of last January, during the presentation of its annual accounts, Samsung expressed its confidence that the memory market and demand will recover in 2024, allowing the company a moderate improvement in its profits in the first half of the year. , which will be more significant in the second half.

Likewise, the Suwon manufacturer is confident that its sales reached around 71 trillion won (48.53 billion euros) between January and March of this year, a figure that would represent an advance of 11.4% in relation to the company's income. multinational in the same period of 2023.

Compared to its results for the fourth quarter of 2023, Samsung's estimated operating profit would represent an improvement of 134% compared to that recorded by the company between October and December of last year.

Regarding sales, Samsung's forecast for the first quarter of 2024 would represent a sequential increase of 4.7% compared to the 67.78 trillion won (46.33 billion euros) invoiced by the company in the last quarter of 2023 .

Samsung shares lost 0.94% in Friday's session on the Seoul Stock Exchange.