Corporate & Sustainability
How a trading company can achieve solar success
At a glance Together with wind energy, solar power could generate nearly 70% of the world’s electricity by 2050 Solar project development requires years of patience, negotiations, and the careful assessment of risk factors Samsung C&T continues to grow its solar project development business in the U.S. and plans to
Samsung C&T FY 2022 & Q4 2022 earnings
Samsung C&T posted KRW 43.162T in revenue and KRW 2.528T in operating profit for FY 2022, driven by strengthened business fundamentals and competitiveness, despite the global economic slowdown. Its annual performance improved on the back of the Engineering & Construction Group’s solid rate of project progress and increased new orders
Samsung C&T helps communities to grow stronger
At the start of the new year, the time when many people make New Year’s resolutions, it is a good opportunity to consider afresh the social impact of our activities. In recent decades, companies have awoken to the idea of corporate social responsibility and are finding meaningful ways to have
Samsung C&T announces new leadership
Samsung C&T on Dec. 7 announced regular presidential appointments for 2023, as it nominated two new leaders. Vice President of Samsung Electronics’ Business Support Task Force Jeong Hai-lin has been nominated for president and CEO of Samsung C&T Resort Group and concurrently as CEO of Samsung Welstory, while Kang Byung-il,
Samsung C&T seeks 2050 Net Zero
Plan to achieve 2050 Net Zero – Achieve 100% renewable energy by 2030 and net zero carbon emissions by 2050 ⦁ Implement solar repowering to Samsung C&T’s solar power plant in Gimcheon to increase efficiency (up to twofold increase in power generation) ⦁ Obtain overseas renewable energy certificates and domestic
Samsung C&T Q3 2022 earnings
Overall Performance Revenue: KRW 11.256T, up KRW 2.953T (35.6%↑) from KRW 8.303T in Q3 2021 Operating Profit: KRW 797B, up KRW 656B (465.2%↑) from KRW 141B in Q3 2021 In Q3, revenue and operating profit both rose year-over-year (yoy) on the back of balanced growth among the business groups and
