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Here you will find the latest news and most recent developments on the Finance, with regular updates and all the information you need.

Samsung dishes out hefty bonuses to employees in its mobile business division

Samsung dishes out hefty bonuses to employees in its mobile business division

According to a new report published by The Korea Herald, Samsung has issued a hefty bonus to employees in its mobile business division to celebrate the success of its latest flagship smartphones, the Galaxy S7 and Galaxy S7 edge, which generated around 49% of the firm's net profit for Q2 of 2016. Samsung often distributes […]

  • By Josh L.
  • 8 years ago
Galaxy S7 sales set to earn Samsung the best profit in two years

Galaxy S7 sales set to earn Samsung the best profit in two years

Samsung has today published its earnings guidance for Q2 of 2016. Before we delve into the details, it's important to bear in mind that these figures are predictions designed to help potential investors, and that the final audited results will not be published until later this month. Now let's move onto the statistics. At first […]

  • By Josh L.
  • 8 years ago
Samsung releases Q3 2013 results

Samsung releases Q3 2013 results

Soon after releasing the earnings guidance, Samsung today has released their Q3 2013 results. According to the figures released, Samsung reached an operating profit of 10.16 trillion won on a sales of 59.08 trillion won. The net profit for the quarter remained at 8.24 trillion won. Samsung's figures slightly improved when you compare it with […]

  • By Kunal G.
  • 11 years ago
Samsung expects record profits for Q3 2013

Samsung expects record profits for Q3 2013

After every quarter, Samsung releases their earnings guidance that gives analysts, investors and the press an idea as to how the company did during that particular quarter. Samsung today released their earnings guidance and it looks like we're again looking a record profit quarter. According to the preview, Samsung's operating income touched to 10.1 trillion […]

  • By Kunal G.
  • 11 years ago
Samsung Posts Q4 2012 Results

Samsung Posts Q4 2012 Results

Samsung today announced the financial results of fourth quarter ending that ended on December 31, 2012. Samsung posted revenues of 56.06 trillion Korean won, a 7 percent quarter-on-quarter increase whereas the consolidated operating and the net profit reached 8.84 trillion won, a 10 percent increase quarter-on-quarter and 7.04 trillion won respectively. Samsung’s full year operating […]

  • By Daniel van Dorp
  • 12 years ago