[Market Focus] Samsung E&A Surges Over 9% on Hopes for 'Corporate Value Enhancement'
Expanding the Portfolio with 'New Energy'
SAMSUNG E&A saw its shares surge by over 9% in early trading on March 23. The positive sentiment appears to be driven by continued expectations surrounding the company’s recently announced measures to enhance corporate value.
As of 9:23 a.m. on the Korea Exchange, SAMSUNG E&A was trading at 38,500 won, up 9.07% from the previous session's close.
Previously, after the market closed on March 20, SAMSUNG E&A announced its ‘2026 Corporate Value Enhancement Plan.’ The plan includes expanding its business portfolio into ‘New Energy’ segments such as LNG, clean energy, and water business, as well as improving predictability by disclosing a three-year shareholder return policy.
Donghyun Shin, a researcher at Hyundai Motor Securities, stated in a report released on March 20, “SAMSUNG E&A plans to strengthen its position in the LNG market as part of its New Energy strategy. The company has completed over 30 domestic and overseas EPC projects related to natural gas. Although it does not have direct experience in LNG liquefaction trains, it has implemented ultra-low temperature cooling processes down to minus 104 degrees Celsius through several ethylene liquefaction plant projects.”
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Shin raised the target price for SAMSUNG E&A to 43,000 won, maintaining a ‘Buy’ rating and the stock as the top pick within its sector.
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