this morning, the company Samsung Electronics opublikovala preliminary results about work in the third quarter of calendar 2016. A full report will be published at the end of October, and now Samsung is excited to announce that the problems with the withdrawal of the “exploding” smartphone Galaxy Note 7 could cause serious damage to quarterly financials.
In the period from July to September, the company showed an operating profit in the amount of 7.7 to 7.9 trillion won, equivalent to $ 7 billion, this indicator increased by 5.5%. Definitely associated with opinion Galaxy Note 7 expenses reduced profit from operations of the company, but the growth of shipments of semiconductors and AMOLED screens compensated for the unscheduled loss of Samsung.
Expected quarterly revenue for the reporting period fall in the range of 48 to 50 trillion won ($ 44 billion). A year ago in the same quarter it made more — 51,68 trillion won. Thus Samsung expect an annual decline in quarterly revenue for the period by 5.2%. It is possible that if not for the problems with batteries of the Galaxy Note 7, Samsung quarterly revenue in the third quarter would have been higher by $ 2 billion in the same amount the company can do payments on Troubleshooting with the “explosive” novel.
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