< 2024 Overall Performance >
[ Revenue: KRW 42.103T, Operating Profit: KRW 2.984T ]
[Revenue] Increased by KRW 207B compared to KRW 41.896T in 2023.
[Operating Profit] Increased by KRW 114B compared to KRW 2.870T in 2023.
< Q4 Overall Performance >
[ Revenue: KRW 9.993T, Operating Profit: KRW 635B ]
[Revenue] Decreased by KRW 107B compared to KRW 10.1T in Q4 2023.
[Operating Profit] Increased by KRW 8B compared to KRW 627B in Q4 2023.
Despite an uncertain business environment throughout 2024, Samsung C&T maintained stable performance across its diversified portfolio, supported by its competitiveness in each sector.
The Engineering & Construction Group ensured stable performance through profitability-focused portfolios. The Trading & Investment Group delivered steady results, driven by strong performance in solar energy projects, even amid a global economic slowdown.
The Fashion Group saw minor declines in revenue and profit due to weaker consumer sentiment and climate-related challenges. The Resort Group achieved growth in revenue and profit, supported by the expansion of its food and beverage business and new food supply contracts.
Plans to enhance profitability and establish a stable business foundation include Samsung C&T strengthening the competitiveness of its products and services in each business division, while also expanding the value chain. Results are being achieved in technology-driven product development, creating new opportunities in eco-friendly energy projects, and differentiating its diverse range of content, products, and services.
< 2024 Annual Performance >
[Overall Performance]
Revenue: KRW 42.103T, Operating Profit: KRW 2.984T
[Revenue] Increased by KRW 207B compared to KRW 41.896T in 2023.
[Operating Profit] Increased by KRW 114B compared to KRW 2.87T in 2023.
[Engineering and Construction Group]
Revenue: KRW 18.655T, Operating Profit: KRW 1.001T
[Revenue] Decreased by KRW 655B compared to KRW 19.310T in 2023.
[Operating Profit] Decreased by KRW 33B compared to KRW 1.034T in 2023.
The Engineering & Construction Group maintained stable performance, supported by a profitability-focused portfolio, despite slight declines in revenue and profit due to external challenges.
[Trading & Investment Group]
Revenue: KRW 12.997T, Operating Profit: KRW 300B
[Revenue] Decreased by KRW 269B compared to KRW 13.266T in 2023.
[Operating Profit] Decreased by KRW 60B compared to KRW 360B in 2023.
Despite a slowdown in global commodity markets, the Trading & Investment Group experienced a decline in overall performance but increased gains from the sale of solar energy projects.
[Fashion Group]
Revenue: KRW 2.004T, Operating Profit: KRW 170B
[Revenue] Decreased by KRW 47B compared to KRW 2.051T in 2023.
[Operating Profit] Decreased by KRW 24B compared to KRW 194B in 2023.
The Fashion Group experienced minor declines in revenue and profit due to weakened consumer sentiment and climate-related challenges.
[Resort Group]
Revenue: KRW 3.9T, Operating Profit: KRW 215B
[Revenue] Increased by KRW 326B compared to KRW 3.574T in 2023.
[Operating Profit] Increased by KRW 21B compared to KRW 194B in 2023.
The Resort Group achieved growth in revenue and profit, driven by strong food supply business performance and increased demand for beverages.
< Q4 Performance >
[Overall Performance]
Revenue: KRW 9.993T, Operating Profit: KRW 635B
[Revenue] Decreased by KRW 107B compared to KRW 10.100T in Q4 2023.
[Operating Profit] Increased by KRW 8B compared to KRW 627B in Q4 2023.
[Engineering and Construction Group]
Revenue: KRW 3.674T, Operating Profit: KRW 145B
[Revenue] Decreased by KRW 1.004T compared to KRW 4.678T in Q4 2023.
[Operating Profit] Increased by KRW 10B compared to KRW 135B in Q4 2023.
The Engineering & Construction Group experienced a decrease in revenue due to the completion of major projects, but profitability-focused portfolios supported an increase in operating profit.
[Trading & Investment Group]
Revenue: KRW 3.505T, Operating Profit: KRW 73B
[Revenue] Increased by KRW 614B compared to KRW 2.891T in Q4 2023.
[Operating Profit] Increased by KRW 16B compared to KRW 57B in Q4 2023.
The Trading & Investment Group achieved growth in both revenue and profit, driven by strong performance in fertilizer and copper trading, as well as U.S. solar energy projects.
[Fashion Group]
Revenue: KRW 541B, Operating Profit: KRW 43B
[Revenue] Decreased by KRW 4B compared to KRW 545B in Q4 2023.
[Operating Profit] Decreased by KRW 3B compared to KRW 46B in Q4 2023.
The Fashion Group saw a decline in revenue and profit due to weaker consumer sentiment and climate-related challenges.
[Resort Group]
Revenue: KRW 1.017T, Operating Profit: KRW 53B
[Revenue] Increased by KRW 105B compared to KRW 912B in Q4 2023.
[Operating Profit] Increased by KRW 7B compared to KRW 46B in Q4 2023.
The Resort Group delivered strong growth in revenue and profit, supported by the expansion of F&B services and a solid performance in the food supply business.
