In October, Samsung Electronics showcased an impressive 200% increase in its total profits, highlighting its robust financial performance ahead of the fourth quarter.
The tech giant is anticipating consolidated sales of KRW 75 trillion and consolidated operating profit of KRW 6.5 trillion for Q4 2024. The following table outlines the expectations for this quarter compared to the previous quarter and the same quarter from the previous year:
| (in trillion won) | Q4 2024 | Q3 2024 | Q4 2023 |
|---|---|---|---|
| Sales | 75 | 79.1 | 67.78 |
| Operating profit | 6.5 | 9.18 | 2.82 |
This guidance is preliminary, with a full report expected to follow soon. The Q3 report provided an in-depth look at various Samsung divisions, particularly noting the Mobile eXperience (MX) division's performance, which recorded sales of KRW 30.52 trillion and operating profit of KRW 2.82 trillion in Q3. Stakeholders are eager to see the full breakdown and insights once the full report is released.
