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Samsung, the Galaxy makes profits fly

Based on preliminary estimates, operating profit reached 2013 billion won in the first quarter of 8.700, for a growth of 53% compared to the same period of 2012.

Samsung, the Galaxy makes profits fly

Increasing sales and skyrocketing profits for Samsung. Thanks above all to the Galaxy model, the queen of smartphones today announced that – based on its preliminary estimates – operating profit reached 2013 trillion won in the first quarter of 8.700, for a growth of 53% compared to the same period of 2012. Analysts had forecast a more contained increase, to 8.300 billion. 

Sales also increased sharply, which should have reached around 52 trillion won (the range is 51-53 trillion) compared to the approximately 45 thousand reported the previous year. In this case, market expectations were more optimistic and indicated a turnover of 54 trillion won. 

As for revenues, Samsung expects 5.200 trillion won, against 45.300 trillion in the first quarter of 2012. The Korean giant will publish its final balance sheet data on April 26th.

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