The profit of Samsung in the first quarter surpassed the forecasts of analysts

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POSTER: computer news   ||    THE PROFIT OF SAMSUNG IN THE FIRST QUARTER SURPASSED THE FORECASTS OF ANALYSTS	DATE:2017-04-27
Samsung has published a report on the work in the first quarter of 2017 calendar year.  The company's revenue for three months was 50.55 trillion South Korean won (44.7 $ billion).  On an annual basis, this indicator increased by 2.4%.  The company's quarterly operating profit has grown approximately three-fold: from last year's 3.22 trillion won ($ 2.85 billion) to 9.9 trillion won ($ 8.75 billion).  Net profit Samsung for the period reached 7.49 trillion won ($ 6.7 billion), exceeding the forecast of stock analysts who expected the company's net profit of 6.77 trillion won. Against the backdrop of good enough performance, Samsung's management announced its decision to abandon the creation of a holding company and management company, as some shareholders insisted five months ago.  I must say that the company's shares after that a little rose in price, which should be regarded as the movement of Samsung in the right direction. To get good financial performance  Samsung helped the growing average prices for components - primarily, DRAM and NAND memory, as well as good sales of LCD panels.  Semiconductor business brought Samsung 6.3 trillion won operating profit.  Operating income from the release of smartphones declined for the year from 3.89 trillion won to 2.07 trillion in the reporting period.  The decrease in sales revenue from smartphones was due to the decrease in the cost of a number of flagship models and the absence of new flagships in the first quarter. Related Products :

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