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Samsung's net profit to fall in Q3 by 5%
(MENAFN) Industry analysts expected the global recall of Galaxy Note 7 will cause a cut in Samsung's projected operating profit for the third quarter this year, and the cut will be over 5%.
Before the announcement of the recall, the Q3 operating profit was 8.3tr won, while now it is expected to post a fall by 5.3%.
Also the survey reported that Samsung is expected to record a Q3 net profit of 5.8tr won, compared with 6.2tr won expected before the recall.
Before the announcement of the recall, the Q3 operating profit was 8.3tr won, while now it is expected to post a fall by 5.3%.
Also the survey reported that Samsung is expected to record a Q3 net profit of 5.8tr won, compared with 6.2tr won expected before the recall.
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