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Business

Samsung Q3 2019 Revenue Guide




The Samsung logo in the Shanghai store. A South Korean multinational conglomerate.

Alex Tai | SOPA Pictures | LightRocket | Getty Images

Samsung Electronics said on Tuesday that operating profit for the three months ended September probably fell by more than half from a year ago.

Third quarter operating profit is expected to be 7.7 trillion Koreans won ($ 6.43 billion), slightly higher than a 7.1[ads1] trillion Refinitive Smartestimate won, but down 56.17% from a year ago.

The company said that consolidated sales for the three months were 62 trillion won.

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