Samsung C&T’s efforts to improve profitability in addition to performance gains at subsidiary BioLogics have led to an increase in quarter-over-quarter (QoQ) operating profit, despite a drop in year-over-year (YoY) revenue due to COVID-19 and completion of large-scale projects, etc. KRW 7.223tn in revenue and KRW 238bn in operating profit, QoQ decrease in revenue by …
Overall Performance Revenue: KRW 6.960tn, year-over-year (yoy) decrease by 397bn (5.4%) from 7.357tn in 1Q19 Operating Profit: KRW 147bn, yoy increase by 42bn (40.0%) from 105bn in 1Q19 Revenue fell as trading volume and domestic consumption decreased amid the COVID-19 situation, and as construction projects undertaken by the company reached completion. Operating profit grew on …
Samsung C&T held its 56th annual general shareholders’ meeting (AGM) in Seoul on March 20 for the fiscal year of 2019, with 73.4% of voting shares represented at the company’s headquarters in Seoul. The agenda included the approval of the full-year financial statement, appointment of board members, and cancellation of treasury shares. “In 2020, uncertainty …
Samsung C&T holds annual general shareholders’ meeting Read More »
Samsung C&T’s Board of Directors on February 26 approved a series of measures aimed at enhancing shareholder value and corporate governance: – New shareholder return policy (FY20-FY22 dividend policy, treasury share cancellation) – Measures to facilitate board-centric governance ① Appointment of 3 independent director candidates ② Strengthening of role and status of Governance Committee ③ …
Samsung C&T announces new shareholder return policy Read More »
Samsung C&T again ranked among Korea’s All-Star companies, according to 2020 Korea’s Most Admired Companies survey result announced by Korea Management Association Consulting (KMAC) on Feb. 25. The All-Star list was made up of the top 30 Korean firms deemed excellent in competitiveness and values through an overall company evaluation. Samsung C&T ranked 15th in …
Samsung C&T makes Most Admired Company list for 16th straight year Read More »
Samsung C&T posted KRW 30.8tn in revenue and KRW 867bn in operating profit for FY 2019. It also posted KRW 7.7tn in Q4 2019 revenue and KRW 325bn in Q4 2019 operating profit, continuing the upward trend in quarterly performance. Efforts to improve financial structure, leading to a reduction total debt by 24.3% to KRW …
It has been a good year on the eco-front for Samsung C&T Construction Group’s Asia-Pacific Regional Office (APRO). Having been awarded Eco-Office Elite status by the Singapore Environment Council in June, APRO recently organized a youth initiative aimed at protecting the environment for future generations. APRO staff and local children gathered at a nearby recycling center for …
On the first day of Christmas, my true love C&T… built a bridge with communities 2019 was a year of reaching out to various communities, as Samsung C&T’s CSR programs rebuilt communities at home and abroad, supported children in need, fostered future talent, and opened up great fashion choices to disabled people. Samsung C&T’s employees …
Samsung C&T ranked 52nd in the 2019 Diversity & Inclusion Index presented this month by internationally renowned data provider Refinitiv. The index lists the most diverse and inclusive workplaces out of more than 7,000 companies worldwide, accounting for more than 70% of global market capitalization. It placed Accenture, a multinational management consulting services company, in …
Samsung C&T places in global top 100 for diversity and inclusion Read More »
Samsung C&T has been listed in the Dow Jones Sustainability Indices (DJSI) World for the third consecutive year. The DJSI are a global standard for sustainability assessment and investment, evaluating a company’s economic performance as well as environmental and social aspects. Only those who are highly evaluated in each category are included in the respective …
Samsung C&T listed in DJSI World index for 3rd consecutive year Read More »
