Samsung C&T has announced new leaders for two of its core businesses. Executive Vice President and Head of the Plant Business Unit of Samsung C&T Engineering and Construction (E&C) Group Oh Se-chul has been nominated as president & CEO of the E&C Group. Elsewhere, Executive Vice President and Chief Learning Officer of Samsung Human Resources …
Samsung C&T’s commitment to sustainable business practices has been rewarded with its inclusion in the Dow Jones Sustainability Indices (DJSI) World for a fourth year in a row. Established in 1999, the DJSI were the first international benchmark for sustainability and they remain a global standard for sustainability assessment and investment, measuring Environmental, Social, and Governance (ESG) …
Samsung C&T stays on world’s oldest sustainability index Read More »
Samsung C&T posted KRW 7.85Tn in revenue and KRW 216Bn in operating profit for Q3 2020. Despite COVID-19’s prolonged negative effects on the business environment, the company will strive to achieve its annual goals and secure long-term competitiveness through efforts to enhance the efficiency of existing operations and develop new growth drivers. /*! elementor – …
– Samsung C&T’s board of directors has decided to stop any new coal-related business, including investment, construction, and trading – Ongoing projects will be gradually closed or withdrawn from – The coal exit plan is unprecedented for a nonfinancial company in Korea Samsung C&T’s board of directors announced its decision today to stop any new …
Samsung C&T received its best ever results in the 2019 Win-Win Growth Index announced by the Korea Commission for Corporate Partnership (KCCP) this month. The Engineering & Construction (E&C) Group rose one notch from last year to score the highest possible “Best” appraisal and the Fashion Group’s second-highest “Excellent” grade was also up from 2019. …
Samsung C&T receives top grade for Win-Win Growth Read More »
The prosecution’s allegations of the violation of the Financial Investment Services and Capital Markets Act of Korea, accounting fraud, and breach of trust are one-sided claims with no basis in evidence or legal principles, and are therefore not true. It has been confirmed through the arrest warrant examination as well as court rulings on many …
Samsung C&T got some good news this month as the company was listed on the 2020 Fortune Global 500. Ranked at 481, its 2020 Global 500 listing marked the fourth consecutive year for Samsung C&T to be selected. As opposed to the Fortune 500, which only relates to corporations based in the United States, the Fortune …
In difficult times, teamwork is the backbone of recovery. This fact has been emphasized more than ever by the COVID-19 pandemic as reflected in Samsung C&T’s newly published 2020 CSR Report. “COVID-19 served as an important reminder of the lesson that without harmonious cooperation with society and the environment, no enterprise can be sustainable,” wrote Lee …
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 …
