Samsung's estimated Q2 operating profit up 5.19%

By Lim Chang-won Posted : July 6, 2018, 09:07 Updated : July 6, 2018, 09:07

[Yonhap News Photo]


SEOUL -- Samsung Electronics posted an estimated 5.19 percent increase in its second-quarter operating profit as its microchip business continued to show a good performance.

In its earnings guidance report, the world's largest smartphone maker put its second-quarter operating profit at 14.8 trillion won ($13.2 billion), compared with 14.07 trillion won a year earlier. Samsung's first-quarter operating profit hit a record high of 15.64 trillion won.

Sales in the April-June period were down 4.92 percent on-year to 58 trillion won. The company will release its finalized earnings report later this month.
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