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Corporate & Sustainability

Samsung C&T Q1 2024 earnings

Overall Performance Revenue: KRW 10.796T, Operating Profit: KRW 712B – Year-over-Year (YoY) comparison: Revenue increased by KRW 557B (5.4%) from KRW 10.239T in Q1 2023,operating profit increased by KRW 71B (11.1%) from KRW 641B in Q1 2023 – Quarter-over-Quarter (QoQ) comparison: Revenue increased by KRW 696B (6.9%) from KRW 10.100B in Q4 2023, operating profit …

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Samsung C&T to invest in future growth and enhance shareholder value on foundation of steady performance

– 2023 revenue KRW 41.896T, operating profit KRW 2.870T – Highest possible dividend payout under consistent dividend policy at KRW 2,550 per common stock and KRW 2,600 per preferred stock – Cancellation of treasury shares – 7,807,563 common shares (third of those currently held), 159,835 preferred shares (all of those currently held) Samsung C&T posted …

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Samsung C&T announces new leadership

On Nov. 28, 2023, Samsung C&T announced new leadership. It has nominated Trading & Investment (T&I) Group’s Executive Vice President Lee Jae-eon for the role of president & CEO of the Samsung C&T T&I Group. Previously Executive Vice President and concurrently head of both Samsung C&T T&I Group’s Corporate Planning Team and New Business Team, …

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Getting to know renewable energy

At a glance The world’s renewable electricity capacity is set to rise faster than ever before in 2024 Samsung C&T Trading & Investment Group’s renewable energy business areas include solar and wind, while it is also active in the field of green hydrogen The company’s commitment to sustainability also includes battery recycling As extreme weather …

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How the solar power development business works

At a glance Solar energy is set to overtake coal as the world’s biggest source of power by 2027 There is a need to diversify and expand solar power development Samsung C&T Trading & Investment Group has broadened its focus from North America to Australia and from photovoltaics to energy storage systems We are approaching …

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Getting to know battery recycling

At a glance​ Increasing global battery demand is raising the need for a circular battery value chain EV battery retirements alone could surpass half a million vehicle batteries every year by 2030 The battery materials recycling market is expected to reach US$64 billion by 2032 Batteries are hidden all around us in plain sight. Since …

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Construction sites made safer by stop-work authority

In any industry these days, safety is the top priority. This is particularly true in industries where heavy equipment is used and work is done at great heights, such as in the construction sector, and it is why efforts to prevent accidents are essential. Around the world, construction companies are pressing forward with efforts to …

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