{"id":22132,"date":"2021-10-28T16:33:21","date_gmt":"2021-10-28T07:33:21","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=22132"},"modified":"2024-01-30T09:55:05","modified_gmt":"2024-01-30T00:55:05","slug":"samsung-ct-q3-2021-earnings","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-10-samsung-ct-q3-2021-earnings\/","title":{"rendered":"Samsung C&amp;T Q3 2021 earnings"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"22132\" class=\"elementor elementor-22132\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c0f81cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c0f81cd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1fcd94a\" data-id=\"1fcd94a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c622c30 elementor-widget elementor-widget-heading\" data-id=\"c622c30\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Overall Performance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b632cf8 elementor-widget elementor-widget-text-editor\" data-id=\"b632cf8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<ul><li><strong>Revenue: KRW 8.303Tn, up KRW 453Bn (5.8%\u2191) from Q3 2020 (KRW 7.850Tn)<br \/><\/strong><\/li><li><strong>Operating Profit: KRW 141Bn, down KRW 75Bn (34.7%\u2193) from Q3 2020 (KRW 216Bn)<br \/><\/strong><\/li><\/ul><p>Samsung C&amp;T Corporation reported a sound performance in Q3 2021 on the back of improvements in business competitiveness of the Trading &amp; Investment (T&amp;I) and Fashion Groups, and the steady growth of subsidiary Samsung Biologics, while operating profit fell due to a one-time loss incurred within the Engineering &amp; Construction (E&amp;C) Group.<\/p><p>The company\u2019s overall profit structure remains solid, with cumulative operating profit as of Q3 reaching KRW 868.8Bn, exceeding the KRW 600.7Bn recorded in Q3 2020, as T&amp;I, Fashion, and Biologics continue to improve their performance.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-caeb3e3 elementor-widget elementor-widget-heading\" data-id=\"caeb3e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Trading & Investment Group<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-44a04ac elementor-widget elementor-widget-text-editor\" data-id=\"44a04ac\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><strong>Revenue: KRW 4.363Tn, up KRW 903Bn (26.1%\u2191) from Q3 2020 (KRW 3.460Tn)<br \/><\/strong><\/li><li><strong>Operating Profit: KRW 82Bn, up 36Bn (78.3%\u2191) from Q3 2020 (KRW 46Bn)<br \/><\/strong><\/li><\/ul><p>Revenue and operating profit grew on increased trading volume from both continuing strong demand for commodities and the group\u2019s securing of new trading opportunities through strengthening its business competitiveness.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60498f5 elementor-widget elementor-widget-heading\" data-id=\"60498f5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Fashion Group<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2621d3 elementor-widget elementor-widget-text-editor\" data-id=\"c2621d3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><strong>Revenue: KRW 375Bn, up KRW 34Bn (10.0%\u2191) from Q3 2020 (KRW 341Bn)<br \/><\/strong><\/li><li><strong>Operating Profit: KRW 17Bn, up KRW 31Bn (221.4%\u2191) from Q3 2020 (KRW -14Bn)<br \/><\/strong><\/li><\/ul><p>An increase in sales from imported brands and e-commerce led to a turnaround in revenue and operating profit.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-130f1db elementor-widget elementor-widget-heading\" data-id=\"130f1db\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Resort Group<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9e9691 elementor-widget elementor-widget-text-editor\" data-id=\"b9e9691\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><strong>Revenue: KRW 707Bn, up KRW 40Bn (6.0%\u2191) from Q3 2020 (KRW 667Bn)<br \/><\/strong><\/li><li><strong>Operating Profit: KRW 16Bn, up KRW 1Bn (6.7%\u2191) from Q3 2020 (KRW 15Bn)<br \/><\/strong><\/li><\/ul><p>Both revenue and operating profit rose on the back of a partial recovery in demand in the leisure industry and a strong performance in the golf business.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0973d3 elementor-widget elementor-widget-heading\" data-id=\"e0973d3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Engineering & Construction Group<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-94bd41c elementor-widget elementor-widget-text-editor\" data-id=\"94bd41c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><strong>Revenue: KRW 2.407Tn, down KRW 700Bn (22.5%\u2193) from Q3 2020 (KRW 3.107Tn)<br \/><\/strong><\/li><li><strong>Operating Profit: KRW -130Bn, down KRW 254Bn (204.8%\u2193) from Q3 2020 (KRW 124Bn)<br \/><\/strong><\/li><\/ul><p>Revenue and operating profit fell due to a one-time loss caused by an increase in construction costs for a coal-fired power plant project in Korea.<\/p><p>* Cumulative new orders as of Q3: KRW 8.7Tn (81.3% of annual target of KRW 10.7Tn)<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>\/*! elementor &#8211; v3.7.4 &#8211; 31-08-2022 *\/ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]&gt;a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px} Overall Performance Revenue: KRW 8.303Tn, up KRW 453Bn (5.8%\u2191) from Q3 2020 (KRW 7.850Tn) Operating Profit: KRW 141Bn, down KRW 75Bn (34.7%\u2193) from Q3 2020 (KRW 216Bn) Samsung C&amp;T Corporation reported a sound performance in Q3 2021 on the back of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47499,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-22132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Samsung C&amp;T Q3 2021 earnings - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-10-samsung-ct-q3-2021-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Samsung C&amp;T Q3 2021 earnings - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"\/*! elementor &#8211; v3.7.4 &#8211; 31-08-2022 *\/ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]&gt;a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px} Overall Performance Revenue: KRW 8.303Tn, up KRW 453Bn (5.8%\u2191) from Q3 2020 (KRW 7.850Tn) Operating Profit: KRW 141Bn, down KRW 75Bn (34.7%\u2193) from Q3 2020 (KRW 216Bn) Samsung C&amp;T Corporation reported a sound performance in Q3 2021 on the back of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-10-samsung-ct-q3-2021-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"Samsung C&amp;T Newsroom\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-28T07:33:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-30T00:55:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2024\/01\/logo-english-side-tall-wide-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samsung C&amp;T Global PR Manager\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" 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.elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px} Overall Performance Revenue: KRW 8.303Tn, up KRW 453Bn (5.8%\u2191) from Q3 2020 (KRW 7.850Tn) Operating Profit: KRW 141Bn, down KRW 75Bn (34.7%\u2193) from Q3 2020 (KRW 216Bn) Samsung C&amp;T Corporation reported a sound performance in Q3 2021 on the back of [&hellip;]","og_url":"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2021-10-samsung-ct-q3-2021-earnings\/","og_site_name":"Samsung C&amp;T Newsroom","article_published_time":"2021-10-28T07:33:21+00:00","article_modified_time":"2024-01-30T00:55:05+00:00","og_image":[{"width":2560,"height":1280,"url":"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2024\/01\/logo-english-side-tall-wide-scaled.jpg","type":"image\/jpeg"}],"author":"Samsung C&amp;T Global PR Manager","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Samsung C&amp;T 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