{"id":86155,"date":"2023-10-11T02:14:52","date_gmt":"2023-10-11T06:14:52","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86155"},"modified":"2023-10-11T02:28:45","modified_gmt":"2023-10-11T06:28:45","slug":"samsung-electronics-expects-third-quarter-profit-to-plunge-78-but-shares-surge","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2023\/samsung-electronics-expects-third-quarter-profit-to-plunge-78-but-shares-surge.html","title":{"rendered":"Samsung Electronics expects third quarter profit to plunge 78% but shares surge"},"content":{"rendered":"\n<p>(CNBC) South Korean chip giant Samsung Electronics is expecting a <a rel=\"noreferrer noopener\" href=\"https:\/\/news.samsung.com\/global\/samsung-electronics-announces-earnings-guidance-for-third-quarter-2023\" target=\"_blank\">78% drop in operating profit<\/a> in the quarter ended September, according to guidance released by the company. The company expects revenue will come in at approximately\u00a067 trillion South Korean won ($50.02 billion) for the third quarter, while operating profit will stand at about 2.4 trillion won.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/10\/11\/samsung-electronics-expects-third-quarter-profit-to-plunge-78percent.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) South Korean chip giant Samsung Electronics is expecting a 78% drop in operating profit in the quarter ended September, according to guidance released by the company. The company expects revenue will come in at approximately\u00a067 trillion South Korean won [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86155","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86155"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86155\/revisions"}],"predecessor-version":[{"id":86156,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86155\/revisions\/86156"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}