Samsung C&T Construction Division Q2 Operating Profit 305 Billion KRW... "Continued Strong Progress"
Samsung C&T announced on the 26th that its construction division's operating profit for the second quarter of this year, based on consolidated financial statements, increased by 96.8% compared to the same period last year (KRW 155 billion), reaching KRW 305 billion.
Sales rose 41.4% during the same period to KRW 4.751 trillion, and the cumulative order amount for the first half of the year reached KRW 14.372 trillion.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
A Samsung C&T representative explained, "Amid continued progress in domestic and overseas projects, solid performance was sustained due to expanded housing sales and the full-scale start of sales from new overseas engineering, procurement, and construction (EPC) projects."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
