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Anty_Jr

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Anty_Jr

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Tuesday, 01/09/2018 9:16:38 AM

Tuesday, January 09, 2018 9:16:38 AM

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Samsung Electronics (OTC:SSNLF) expects fourth-quarter operating profit to be its highest ever, up 64% Y/Y to 15.1T won ($14.1B), although the figure still fell short of analyst forecasts, pushing shares down 3% in South Korea.

The results come amid a leadership vacuum at the top of the company. Its chairman is incapacitated, de facto leader Lee Jae-yong is in prison and Samsung Electronics replaced all three of its co-CEOs in late October.

https://seekingalpha.com/news/3321764-another-record-quarter-samsung-electronics?ifp=0
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