Overall Performance Revenue: KRW 10.239T, down KRW 201B (1.9%↓) from KRW 10.44T in Q1 2022 Operating Profit: KRW 641B, up KRW 99B (18.3%↑) from KRW 542B in Q1 2022 Despite continued global economic uncertainty, Samsung C&T posted improvements in overall performance in Q1 2023 as it maintained solid profitability on the back of the differentiating …
Green hydrogen, produced using renewable energy, is seen as a key part of limiting global warming The green hydrogen market is already growing rapidly in line with falling production cost Samsung C&T has already signed several green hydrogen cooperation agreements As global energy demands continue to weigh on the world, there is ongoing pressure to …
Can a safety helmet become something completely different? On construction sites around the world, workers wear safety helmets to protect their heads. For safety reasons, these helmets must be regularly replaced. Safety helmets are made out of several types of plastic, which has made recycling difficult, because the different materials are handled in different ways. …
Turning safety helmets into ID cases: A new kind of recycling Read More »
At a glance Together with wind energy, solar power could generate nearly 70% of the world’s electricity by 2050 Solar project development requires years of patience, negotiations, and the careful assessment of risk factors Samsung C&T continues to grow its solar project development business in the U.S. and plans to expand elsewhere too As much …
Samsung C&T posted KRW 43.162T in revenue and KRW 2.528T in operating profit for FY 2022, driven by strengthened business fundamentals and competitiveness, despite the global economic slowdown. Its annual performance improved on the back of the Engineering & Construction Group’s solid rate of project progress and increased new orders from domestic and overseas customers, …
At the start of the new year, the time when many people make New Year’s resolutions, it is a good opportunity to consider afresh the social impact of our activities. In recent decades, companies have awoken to the idea of corporate social responsibility and are finding meaningful ways to have a positive influence on the …
Samsung C&T on Dec. 7 announced regular presidential appointments for 2023, as it nominated two new leaders. Vice President of Samsung Electronics’ Business Support Task Force Jeong Hai-lin has been nominated for president and CEO of Samsung C&T Resort Group and concurrently as CEO of Samsung Welstory, while Kang Byung-il, executive vice president of Samsung …
Plan to achieve 2050 Net Zero – Achieve 100% renewable energy by 2030 and net zero carbon emissions by 2050 ⦁ Implement solar repowering to Samsung C&T’s solar power plant in Gimcheon to increase efficiency (up to twofold increase in power generation) ⦁ Obtain overseas renewable energy certificates and domestic green premium Further develop carbon …
Overall Performance Revenue: KRW 11.256T, up KRW 2.953T (35.6%↑) from KRW 8.303T in Q3 2021 Operating Profit: KRW 797B, up KRW 656B (465.2%↑) from KRW 141B in Q3 2021 In Q3, revenue and operating profit both rose year-over-year (yoy) on the back of balanced growth among the business groups and a sound profit structure. The …
Overall Performance Revenue: KRW 10.819T, up KRW 2.271T (26.6%↑) from KRW 8.548T in Q2 2021 Operating Profit: KRW 556B, up KRW 131B (30.8%↑) from KRW 425B in Q2 2021 Despite the adverse business environment, Samsung C&T’s overall revenue and operating profit in Q2 grew as the company’s efforts to improve its fundamental competitiveness bore fruit. …
