Samsung Electronics announced its earnings guidance for the third quarter of 2021 on Oct. 8.
The company estimated its consolidated sales and operating profit in the third quarter at approximately 73 trillion won and 15.8 trillion won, respectively.
The sales estimate represents a 9.02 percent increase from a year ago. It is the first time that the company's quarterly sales exceeded the 70 trillion won mark. The previous record was 66.96 trillion won posted in the third quarter of 2020.
The company estimated its operating profit for the third quarter at 15.8 trillion won, up 27.94 percent from the same period last year.
The above estimates are based on K-IFRS. They are offered for the convenience of investors.
The company did not disclose the earnings performance of each business division, but it is expected to have posted outstanding performances in the third quarter thanks to robust semiconductor and smartphone sales and a rise in the won/dollar exchange rate.