Samsung estimates show better Q3 2012 result

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Samsung will report some good Q3 2012 results, going by the earnings guidance released by them today. Surpassing the previous quarter's financial result, Samsung is expecting its consolidated sales to reach 52 trillion won and an operating profit of approximately 8.1 trillion won.

Samsung is also expected to record an annual record profit of 28 trillion won, which will result in higher payouts to employees with performance-related bonus.

This earnings guidance is based on K-IFRS and is an estimation for investors.

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