Record sales and profits for Samsung in 2017

- Adrian Ungureanu
1043

Samsung Electronics announced its earnings guidance for the fourth quarter of 2017 and the whole year 2017 and the figures are mind blowing.

According to a press release, Samsung’s consolidated sales for Q4 in 2017 was approximately 66 trillion Korean won, which is about US$61.67 billion, which to companies consolidated operating profit was approximately 15.1 trillion Korean won, around US$14.1 billion.

But the numbers for the whole year are even more impressive as you can imagine. Overall the company estimated full-year 2017 consolidated sales of approximately 239.60 trillion Korean won (aprox. US$223.35 billion) and consolidated operating profit of approximately 53.60 trillion Korean won, which is just shy above US$50 billion.