Thursday, October 8, 2026

Samsung Electronics Forecasts $80 Billion QUARTERLY Profit

Here's hoping at least one analyst on the conference call leads with "Great quarter guys." 

From the Korea Times, October 8:

Samsung Electronics 1st Korean firm to top $80 bil. in quarterly operating profit 
Operating profit jumps 782.5% year-on-year

Samsung Electronics on Thursday estimated 107.4 trillion won ($80.28 billion) in operating profit for the third quarter, becoming the first Korean company to surpass 100 trillion won in quarterly operating profit.

In a regulatory filing, the company said its third-quarter operating profit and revenue are each estimated at 107.4 trillion won and 195 trillion won, respectively. If the figures are finalized when the company announces its full earnings results on Oct. 29, they would represent year-on-year increases of 782.5 percent in operating profit and 126.6 percent in sales.

Beside Samsung, no other company in the world expect for Saudi Arabia's state-owned oil company Aramco has posted a quarterly operating profit exceeding that amount. Aramco reported $86.5 billion in operating profit in the second quarter of 2022....

....MUCH MORE 

Meanwhile Korea's KOSPI index, of which Samsung and SK hynix comprise a bit over half the weighting has flatlined or, as some analysts say they are seeing, rolled over:

 

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