Photo illustration with the Samsung Group Company logo that is displayed on a smartphone screen.
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Samsung Electronics’ Operating Profit and Revenue Beat Estimations of analysts on Wednesday, while the sale of his flagship Galaxy S25 smartphones and the memory chips rose.
The South Korean company achieved a record of every three-month turnover, an increase of 10% compared to a year earlier, while the business profit climbed by 1.5% in the first quarter.
Here are Samsung’s first fifteen minutes results with LSEG SmartStimates, which are weighed in the direction of predictions of analysts who are more consistent more accurately:
- Gain: 79.1 Biljoen Korean won vs. 78.1 Biljoen Korean won
- Profit: 6.7 Biljoen Korean won vs. 6.4 Trillion Korean won
The turnover of the first quarter at the top of the prediction of Samsung of 79 trillion won, while the operational profit is also higher than the expectations of the company of 6.6 trillion Korean.
Samsung is a leading manufacturer of memory chips that are used in devices such as laptops and servers, and is also the world’s second largest smartphone maker.
The company marked macro -economic uncertainties as a result of trade tensions and smooth global growth. Samsung expects the performance to improve in the second half of the year, “assuming that the uncertainties have decreased.”
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