Samsung always higher: growth is unstoppable

Samsung goes beyond itself and prepares to conclude theyet another record-breaking quarter. THE preliminary data published by the South Korean Group will obviously have to be confirmed by the definitive fiscal results that will be communicated later, but they nevertheless provide important information as they are the result of company and shareholder expectations.

And what transpires is a growth trend which never seems to want to stop: the expected revenues from sales are equal to 77 trillion won, at the current exchange rate approximately 62.51 billion dollars and up from 76.57 trillion won in the previous quarter.

PLEASE NOTE: Q4 2021 dollar values ​​are the result of the exchange rate at that time. For a correct comparison it is advisable to consider the values ​​in won.

REVENUES AND PROFIT ON

REVENUES

  • Q4 2021: 76.57 trillion won (at today’s exchange rate: $ 62.51 billion)
  • Q1 2022 (forecast): 77 trillion won (at today’s exchange rate: $ 62.84 billion)

The same goes for the operating profit, which from 13.87 trillion won is now estimated at 14.1 trillion won. In short:

OPERATING PROFIT

  • Q4 2021: 13.87 trillion won (at today’s exchange rate: $ 11.32 billion)
  • Q1 2022 (forecast): 14.1 trillion won (at today’s exchange rate: 11.51 billion dollars)

TO FIND OUT MORE: THE RESULTS OF THE PREVIOUS QUARTERS

WAITING FOR FINAL RESULTS

We now await the definitive results, from which we will be able to extrapolate the data relating to each individual division of the Group to better understand which business more than others acts as a driving force for growth that never seems to want to end. Samsung once again demonstrates a great ability to react to market interferencefrom the pandemic – with related problems linked, yes, to demand, but also to logistics and production processes – up to the semiconductor crisis.

And we will also be curious to have some more details on the sales of the Galaxy S22 and related Plus and Ultra variants, presented in February and intended to represent the top-of-the-range offer of the House for the whole year, excluding leaflets which, presumably, will arrive in course of the summer.

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(updated February 28, 2022, 09:32 am)


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