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  • [EQUITIES] Dongbu Securities sees Samsung SDS’ Q2 earnings beating market estimates
    [EQUITIES] Dongbu Securities sees Samsung SDS’ Q2 earnings beating market estimates
    Dongbu Securities on July 15 forecast Samsung SDS’ second quarter earnings will beat market estimates.The brokerage said operating profit would rise 7.3 percent to 175.7 billion won (US$153.22 million), which is above the market consensus of 160.6 billion won. Sales are also expected to rise to the 2-trillion-won level, it said in a report.But Dongbu also noted that sentiment is subdued due to the ongoing issue ov...
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[EQUITIES] Dongbu Securities sees Samsung SDS’ Q2 earnings beating market estimates

July 15, 2016 - 11:19 By Korea Herald
[THE INVESTOR] Dongbu Securities on July 15 forecast Samsung SDS’ second quarter earnings will beat market estimates.

The brokerage said operating profit would rise 7.3 percent to 175.7 billion won (US$153.22 million), which is above the market consensus of 160.6 billion won. 


Sales are also expected to rise to the 2-trillion-won level, it said in a report.

But Dongbu also noted that sentiment is subdued due to the ongoing issue over Samsung SDS’s plans for splitting off its logistics business.

By Kim Ji-hyun (jemmie@heraldcorp.com)
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