Samsung Electronics Forecasts 19-Fold Jump in Q1 Operating Profit; Shares Slide 6%

MT Newswires Live
07/07

Samsung Electronics (KRX:005930) expects to book 89.3 trillion won to 89.5 trillion won in operating profit in the second quarter of 2026, up 19-fold from 4.68 trillion won a year earlier, according to a press release on Tuesday.

Sales for the quarter are predicted to range between 170 trillion won and 172 trillion won, more than doubling from 74.6 billion won last year.

Shares of Samsung Electronics fell 6% in recent trade.

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