SEOUL—Samsung Electronics Co. said first-quarter operating profit will be its highest ever, topping analyst estimates and continuing the company’s string of record results.
The world’s largest smartphone and semiconductor maker said on Friday it expected an operating profit of 15.6 trillion South Korean won ($14.7 billion) for the quarter, up 58% from 9.9 trillion won a year earlier. Samsung expects revenue will rise to 60 trillion won from 50.55 trillion won.
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