The South Korean tech giant expects to see profit rise in nearly all of its businesses for the third quarter.
Samsung Electronics has posted an operating profit of 12.3 trillion won and sales of 66 trillion won in the third quarter, the company said in its preliminary guidance issued on Thursday. It is an increase of 58% in operating profit from the same time period a year ago, while sales rose slightly year over year. It beats South Korean analysts’ consensus of 10.26 trillion won. It is also the company’s best performance since the third quarter of 2018.
