Samsung predicts record profit rise for Q3

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The company has published estimated profits of £4.5 billion for the last three months

Samsung has today published estimates of profits made over the last three months, saying they come to approximately £4.5 billion (8.1 trillion Korean won).

The South Korean company expects profits for the third quarter of 2012 to be between £4.3 billion and £4.6 billion (7.9 – 8.3 trillion won). Results for the second quarter were 3.7 billion.

Sales are estimated at 29 billion (52 trillion won). Results for the second quarter were 26 billion.

Today’s figures are provided for guidance before the full announcement of quarterly earnings results are announced later this month.

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