[Special Stock] Samsung Electronics Rises on Expectations of Quarterly Operating Profit Improvement
[Asia Economy Reporter Minji Lee] Samsung Electronics' quarterly operating profit is showing a noticeable upward trend for two consecutive days amid expectations of an increase.
On the 4th, Samsung Electronics traded at 55,800 KRW, up 2.4% from the previous session, on the KOSPI market.
Hot Picks Today
About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
Kim Kyung-min, a researcher at Hana Financial Investment, said, "Samsung Electronics' quarterly operating profit is expected to grow from 5.7 trillion KRW in the second quarter to 9.1 trillion KRW in the third quarter," adding, "The momentum for profit improvement will come from the semiconductor and display sectors."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.