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Samsung Elec says second quarter operating profit likely down 4 percent year on year
July 6, 2015 / 11:45 PM / 2 years ago

Samsung Elec says second quarter operating profit likely down 4 percent year on year

People look at Samsung Galaxy S6 phones during a pre-launch event in Singapore April 10, 2015. REUTERS/Edgar Su

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday that operating profit for the April-June quarter will likely be 6.9 trillion won ($6.13 billion), down 4 percent from a year earlier.

This was worse than the 7.2 trillion won average forecast from a Thomson Reuters I/B/E/S survey of 39 analysts.

Reporting by Se Young Lee; Editing by Michael Perry

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