Samsung Electronics posts earnings guidance for Q1 with higher consolidated sales

Last year, Samsung posted an impressive tenfold increase in profit for the first quarter of the year on the back of strong Galaxy S24 sales, as well as favorable prices of memory semiconductors. The Q1 report for this year isn’t ready yet, but the company just posted earnings guidance.
Estimates based on K-IFRS show that Samsung is looking at higher consolidated sales of around KRW 79 trillion (up from KRW 72 trillion in Q1 2024), but the operating profit stays the same as last year at KRW 6.6 trillion.
Samsung notes that K-IFRS requires specific numbers to be reported, but the press release also offers a range for consolidated sales, KRW 78-80 trillion, and operating profit, KRW 6.5-6.7 trillion. We will get the actual numbers soon, probably at the end of the month.
Here is how the first quarter of 2025 compares to the previous quarter and Q1 of 2024.
Consolidated figures based on K-IFRS | |||
---|---|---|---|
(in trillion won) | 2025 Q1 (guidance) | 2024 Q4 | 2024 Q1 |
Sales | 79 | 75.79 | 71.92 |
Operating profit | 6.6 | 6.49 | 6.61 |