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. …
Overall Performance Revenue: KRW 10.44T, up KRW 2.6T (33.2%↑) from KRW 7.84T in Q1 2021 Operating Profit: KRW 542B, up KRW 239B (78.9%↑) from KRW 303B in Q1 2021 In Q1, both revenue and operating profit improved as Samsung C&T’s efforts to improve its business fundamentals and competitiveness came to fruition. The Trading & Investment …
– Gene therapy selected as Samsung Life Science Fund’s first investment choice – Jaguar Gene Therapy’s core tech aims to enhance adeno-associated virus (AAV) capsid purity – Samsung will collaborate on manufacturing and developing assets with Jaguar Gene Therapy as a strategic investor Samsung will invest in Jaguar Gene Therapy in order to discover innovative …
Samsung Life Science Fund makes first investment in US biotech firm Jaguar Gene Therapy Read More »
Former Samsung C&T Executive Vice President Ahmad Abdelrazaq has been chosen as a member of the prestigious U.S.-based National Academy of Engineering (NAE). The NAE selected Abdelrazaq in recognition of his innovative achievements in design, construction, and ensuring the health of some of the world’s largest and most sophisticated buildings. Having joined Samsung C&T in …
Former Samsung C&T exec selected as member of National Academy of Engineering Read More »
Samsung C&T posted KRW 34.455Tn in revenue and KRW 1.196Tn in operating profit for FY 2021 on the back of continued steady growth through strengthening business competitiveness and enhancing management efficiency. The company saw both revenue and operating profit increase in Q4 2021 compared to a year earlier, mainly due to improved profitability in the …
