Corporate & Sustainability
Samsung C&T posts FY 2018 earnings: Operating profit surpasses KRW 1 tn
Samsung C&T posted KRW 31.156 tn in revenue and KRW 1.104 tn in operating profit for the year 2018. The achievement was made possible through execution of the Company’s strategy to improve its business fundamentals and to achieve growth through profitability. ※ FY 2017: revenue KRW 29.279 tn, operating profit KRW 881 bn The company recorded KRW
Ringing in the New Year with Cheer: Samsung C&T’s Year-End Charity Ventures
The end of a year is traditionally a time for celebration and kindness, marked by compassionate acts and spreading happiness – be it to close family and friends or strangers in need. The spirit of giving abounded this past festive season at Samsung C&T’s Trading and Construction office in Seoul,
A Year to Remember: Looking Back at Samsung C&T’s 2018
Championing Best Practice Samsung C&T began 2018 with a landmark move to increase transparency and strengthen the company’s sustainability, bringing a diverse range of expertise to its Board of Directors and announcing an increased yearly dividend policy. Following such moves, the Dow Jones Sustainability Index listed Samsung C&T as a ‘Sustainable Management’ world leader
Samsung C&T Begins Infrastructure Development on Jawa 1 Power Plant
Samsung C&T Corporation and its partners broke the grounds for the Jawa 1 combined-cycle power plant on December 19, signaling the second phase of the project for PT Jawa Satu Power in Indonesia. Earlier this year Samsung C&T announced that it had procured a $900 million engineering, procurement, and construction
Samsung C&T Announces Q3 2018 Results
– Consolidated revenue of KRW 7.781 tn with operating profit of KRW 274 bn – Met market expectations by maintaining quarterly OP in excess of KRW 200 bn, backed by stable performance from E&C, T&I, and Resort groups (*Q3 OP market expectations for C&T: KRW 260bn) – Company to continue to seek
R&I Ups Samsung C&T Rating Outlook on Solid Performance
Rating and Investment Information, Inc. (R&I) announced on Thursday that it raised Samsung C&T’s outlook rating from stable to positive. The change reflects the increased profit stability from the Engineering & Construction business and the company’s overall rising earning capacity. Stated in their rationale, R&I said that the Engineering and
