Secured Construction Rights Worth 1.8 Trillion Won in the Housing Sector

Samsung C&T Corporation's construction division saw its third-quarter operating profit drop by more than half compared to the same period last year.


Samsung C&T Construction Division Q3 Operating Profit 111 Billion Won... Down 53% Year-on-Year View original image

On October 28, Samsung C&T's construction division announced that its third-quarter revenue was 3.09 trillion won, a decrease of 31.06% year-on-year, while operating profit for the same period fell by 52.97% to 111 billion won.


Revenue by segment was as follows: architecture 2.059 trillion won, civil engineering 197 billion won, and plant 834 billion won. Domestic revenue was 1.0307 trillion won, and overseas revenue was 1.783 trillion won.


Order intake for the third quarter of 2025 totaled 7.405 trillion won, with cumulative orders reaching 12.21 trillion won. Major projects included the Dukhan solar power project in Qatar (worth 1.5 trillion won), Singil District 2 (600 billion won), Pyeongtaek P4 (2.2 trillion won), and Taylor in the United States (800 billion won).


In the housing sector for the third quarter, the company secured construction rights for residential projects worth 1.8 trillion won, including Gaepo Woosung 7th, Mullae-dong 4-ga, Sinjeong 1152, and Samho Garden 5th.


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Samsung C&T explained, "The scale of revenue and operating profit decreased due to the completion of large-scale projects, including those in the high-tech sector."


This content was produced with the assistance of AI translation services.

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