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Samsung C&T Announces Q2 2018 Results

– Consolidated revenue of KRW 7.928 trillion with record quarterly operating profit of KRW 378 billion in 2Q 2018 – Profitability improvement in the construction business and stable operation of trading unit are the main driving forces in the highest-ever quarterly operating profit Samsung C&T on July 25 posted KRW 7.928 trillion in consolidated revenue …

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80 Years of Growth: Samsung C&T’s Global Network

In 1953, Samsung C&T Trading Group opened its first overseas office in Tokyo, marking the first step in the company’s journey toward becoming a major player in world trade. Since then, the group’s global reach has expanded rapidly, thanks to the expertise and capabilities of our global employees. Over the past 65 years, their local …

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3 Ways Artificial Intelligence is Revolutionizing International Trade

From beating us at chess and video games to driving our cars down the highway, artificial intelligence is turning things that once seemed like science-fiction fantasy into a modern reality. Artificial intelligence-powered assistants found in speakers and smartphones are becoming entwined in our lives, and new technologies like Blockchain are seeing an explosion in development. As these machine …

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Charting the Oceans: The Life of a Maritime Logistics Manager

People have traded goods by sea for millennia. Even after the invention of airplanes, ships continue to be the main means of transportation for carrying goods and raw materials across the world. Due to its cost-effectiveness, over 90% of world’s trade today is carried by sea. Despite advances in navigation technology, shipping goods across vast …

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Samsung C&T’s Manila Office: Building a Foundation of Trust

Manila’s nickname as the ‘Pearl of the Orient’ couldn’t be more fitting. As one of the most densely populated cities in the world it has a tough shell that only reveals its riches to those with enough ambition and perseverance to pry. Located on a fault line, the city has been shaken throughout history by …

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Samsung C&T Announces Q1 2018 Results

Samsung C&T Corporation posted its earnings for the first quarter of 2018 on April 25, 2018. Overall, the company recorded KRW 7.48 trillion in consolidated revenue and KRW 209 billion in operating profit, which are year-on-year improvements of 11.5% and 52.6% respectively. Net profit was KRW 363 billion, marking a year-on-year increase of 93%, up …

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Indispensable Materials Series Part 9: Liquefied Natural Gas, A Rising Energy Source

Whether you’re turning on a light, cooking dinner, or cranking up the heat on a cold winter night, chances are liquefied natural gas (LNG) is helping you get the job done. As global markets pivot away from coal to cleaner energy solutions, LNG is playing an increasingly larger role in the energy mix. With no …

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Samsung C&T’s Riyadh Office: Unearthing New Opportunities

It may seem ironic that a city sitting in the middle of a country that’s 95 percent desert would be called “the gardens.” But if you look at present-day Riyadh, you’ll realize the name befits its role as the political and financial capital of Saudi Arabia, teeming with energy and new opportunities. Samsung C&T’s Trading …

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Indispensable Materials Series Part 8: Palm Kernel Shells, a High-potential Renewable Energy Resource

A few years ago, people would not have believed if you had told them that palm kernel shells (PKS) would one day become a promising green energy resource and trade commodity. Indeed, merchants have been trading in palm oil since at least 3000 BCE, with most regarding PKS as a completely unimportant by-product. But as time …

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