Business & Finance

Samsung estimates Q1 operating profit at $5.14bn

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SEOUL: South Korea's Samsung Electronics Friday estimated its first-quarter operating profit at 5.8 trillion won ($5.14 billion), a 97 percent rise from a year earlier.

The company, releasing earnings guidance for January-March before its official results, estimated Q1 sales at about 45 trillion won.

Copyright AFP (Agence France-Presse), 2012