24th Jul 2009 07:00
RNS Number : 2229W
Samsung Electronics Co. Ld
24 July 2009
Adoption of Korean International Financial Reporting Standards (K-IFRS) in 2010
On July 24, 2009, the BOD of Samsung Electronics authorized the early adoption of K-IFRS in 2010.
Samsung Electronics will adopt the K-IFRS one year ahead of 2011, the mandated year of adoption for Korean companies.
From the first quarter of 2010, the company's earnings will be reported based on K-IFRS standards.
This information is provided by RNS
The company news service from the London Stock Exchange
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