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Samsung predicts another record-high quarterly profit

“In its earnings preview, Samsung put its July-September operating profit at 14.5 trillion won ($12.8 billion), compared with 5.2 trillion won ($4.6 billion) a year earlier” writes The Associated Press for seattletimes.com. The company is due to announce its net profit and breakdown figures among its business divisions at the end of this month.Samsung did not give its forecast on its net profit.Analysts estimated 14.3 trillion won in operating profit, according to financial data provider FactSet.The operating profit was broadly in line with market consensus.
 
Source: seattletimes.com



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