[EQUITIES] Dongbu Securities sees Samsung SDS’ Q2 earnings beating market estimates
Jul 15, 2016
[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 K