Samsung’s New Profit Forecast

Posted by Unknown Friday, April 5, 2013

A new report has come out that states that Samsung is expecting a 53% hike in profit in the same quarter last year. The amount they are forecasting is almost Won 8.7 trillion.

However, they have accepted the fact that their profit would go down by 8.8 trillion which is marking the end of highest profit earning quarters in a successive period. Its sales are said to be as much Won 52 and this is also a hike of 14%. They would be able to get higher profit margin in this way.