by Lee Myeonghwan
Published 24 Jul.2025 10:36(KST)
Samsung SDS announced on the 24th that its consolidated operating profit for the second quarter of this year was provisionally tallied at 230.161 billion won, a 4.2% increase compared to the same period last year.
During the same period, revenue rose by 4.2% to 3.512 trillion won.
Breaking down revenue by business segment, the IT services division generated 1.6784 trillion won in sales, up 5.8% year-on-year. Revenue from the cloud business grew by approximately 20% to 665.2 billion won.
Within the cloud business, sales from the Samsung Cloud Platform (SCP)-based Cloud Service Provider (CSP) business increased by 26% compared to the same period last year. Samsung SDS explained that this was due to an increase in high-performance computing (HPC) services, the expansion of cloud network services, and the full-scale launch of public cloud business.
The cloud Managed Service Provider (MSP) business grew by 20% year-on-year, driven by expanded cloud adoption and deployment by public institutions, orders for generative artificial intelligence (AI) service projects, and the expansion of global supply chain management (SCM) and customer relationship management (CRM) businesses.
Revenue from the logistics segment was tallied at 1.8336 trillion won, up approximately 3% from the same period last year. Due to U.S. customs policy, many logistics shipments were advanced to the first quarter, resulting in a decrease in shipping volume in the second quarter. However, the acquisition of new warehouse logistics customers led to increased revenue.
The digital logistics platform Cellosquare recorded revenue of 270.1 billion won. The number of registered customers surpassed 21,900 companies, a 48% increase compared to the second quarter of last year.
A Samsung SDS representative stated, "We plan to expand our external business in cloud and generative AI services, focusing on the finance and public sectors," adding, "For the digital logistics business, we will actively pursue new external projects and strengthen strategic partnerships with carriers, airlines, and other operators."
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