[ Overall Performance – Revenue: KRW 9.737T, Operating Profit: KRW 724B ]
[Revenue]
Decreased by KRW 1.059T compared to KRW 10.796T in Q1 2024
Decreased by KRW 256B compared to KRW 9.993T in Q4 2024
[Operating Profit]
Increased by KRW 12B compared to KRW 712B in Q1 2024
Increased by KRW 89B compared to KRW 635B in Q4 2024
< Executive Summary >
Amid persistent global uncertainty, Samsung C&T delivered a solid performance in the first quarter of 2025, backed by a diversified portfolio and strong competitiveness.
– The Engineering & Construction Group experienced a year-on-year decline in revenue and operating profit due to the completion of major projects in Korea and overseas. However, performance remained solid, supported by a profitability-focused portfolio. The Trading & Investment Group posted a year-on-year increase in revenue, driven by expanded trading sales of steel and other commodities.
– The Fashion Group saw a year-on-year decline in performance due to weakened consumer sentiment and weather-related factors. The Resort Group also recorded lower revenue and operating profit, impacted by unfavorable weather conditions, including a cold wave and heavy rain, as well as rising food ingredient costs.
Despite these challenges, operating profit remained stable, and the company achieved a record-high pre-tax profit of KRW 1.204 trillion, driven by a diversified income structure including dividends.
< Performance by Group >
[Engineering & Construction Group]
Revenue: KRW 3.620T, Operating Profit: KRW159B
[Revenue]
Decreased by KRW 1.964T compared to KRW 5.584T in Q1 2024
Decreased by KRW 54B compared to KRW 3.674T in Q4 2024
[Operating Profit]
Decreased by KRW 178B compared to KRW 337B in Q1 2024
Increased by KRW 14B compared to KRW 145B in Q4 2024
– The Engineering & Construction Group recorded a decrease in both revenue and operating profit year-on-year due to the completion of large-scale projects in Korea and overseas and reduced high-tech volumes. However, operating profit improved compared to the previous quarter, supported by ongoing efforts to strengthen profitability and competitiveness.
[Trading & Investment Group]
Revenue: KRW 3.436T, Operating Profit: KRW 63B
[Revenue]
Increased by KRW 530B compared to KRW 2.906T in Q1 2024
Decreased by KRW 69B compared to KRW 3.505T in Q4 2024
[Operating Profit]
Decreased by KRW 22B compared to KRW 85B in Q1 2024
Decreased by KRW 10B compared to KRW 73B in Q4 2024
– The Trading & Investment Group recorded increased revenue year-on-year as a result of increased trading volumes in steel and other commodities, despite a sluggish global market.
[Fashion Group]
Revenue: KRW 504B, Operating Profit: KRW 34B
[Revenue]
Decreased by KRW 13B compared to KRW 517B in Q1 2024
Decreased by KRW 37B compared to KRW 541B in Q4 2024
[Operating Profit]
Decreased by KRW 20B compared to KRW 54B in Q1 2024
Decreased by KRW 9B compared to KRW 43B in Q4 2024
– The Fashion Group saw a slight decline in revenue and operating profit year-on-year, impacted by continued weakness in consumer sentiment and unfavorable weather conditions.
[Resort Group]
Revenue: KRW 879B, Operating Profit: KRW –12B
[Revenue]
Increased by KRW 37B compared to KRW 842B in Q1 2024
Decreased by KRW 138B compared to KRW 1.017T in Q4 2024
[Operating Profit]
Decreased by KRW 33B compared to KRW 21B in Q1 2024
Decreased by KRW 65B compared to KRW 53B in Q4 2024
– The Resort Group recorded declines in revenue and operating profit due to unfavorable weather conditions, including a cold wave and heavy rainfall, as well as rising food ingredient costs.
