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

Reuters News
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Posted: Jul 06, 2015 7:38 PM

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)