Corporate & Sustainability
Samsung C&T announces new leadership
On Nov. 28, 2023, Samsung C&T announced new leadership. It has nominated Trading & Investment (T&I) Group’s Executive Vice President Lee Jae-eon for the role of president & CEO of the Samsung C&T T&I Group. Previously Executive Vice President and concurrently head of both Samsung C&T T&I Group’s Corporate Planning
Samsung C&T Q3 2023 earnings
Overall Performance Revenue: KRW 10.971T, Operating Profit: KRW 830B – Year-over-Year (YoY) comparison: Revenue slightly decreased by KRW 285B (-2.5%) from KRW 11.256T in Q3 2022 Operating profit increased by KRW 33B (4.1%) from KRW 797B in Q3 2022 – Quarter-over-Quarter (QoQ) comparison: Revenue increased by KRW 385B (3.6%) from
Getting to know renewable energy
At a glance The world’s renewable electricity capacity is set to rise faster than ever before in 2024 Samsung C&T Trading & Investment Group’s renewable energy business areas include solar and wind, while it is also active in the field of green hydrogen The company’s commitment to sustainability also includes
How the solar power development business works
At a glance Solar energy is set to overtake coal as the world’s biggest source of power by 2027 There is a need to diversify and expand solar power development Samsung C&T Trading & Investment Group has broadened its focus from North America to Australia and from photovoltaics to energy
Samsung C&T Q2 2023 earnings
Overall Performance Revenue: KRW 10.586T, Operating Profit: KRW 772B – Year-over-Year (YoY) comparison: Revenue slightly decreased by KRW 233B (-2.2%) from KRW 10.819T in Q2 2022 Operating profit increased by KRW 216B (38.9%) from KRW 556B in Q2 2022 – Quarter-over-Quarter (QoQ) comparison: Revenue increased by KRW 347B (3.4%) from
Getting to know battery recycling
At a glance Increasing global battery demand is raising the need for a circular battery value chain EV battery retirements alone could surpass half a million vehicle batteries every year by 2030 The battery materials recycling market is expected to reach US$64 billion by 2032 Batteries are hidden all around
