{"id":30750,"date":"2022-10-27T18:38:00","date_gmt":"2022-10-27T09:38:00","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=30750"},"modified":"2024-01-30T09:49:13","modified_gmt":"2024-01-30T00:49:13","slug":"samsung-ct-q3-2022-earnings","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2022-10-samsung-ct-q3-2022-earnings\/","title":{"rendered":"Samsung C&amp;T Q3 2022 earnings"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"30750\" class=\"elementor elementor-30750\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5d9af43 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5d9af43\" 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-3a27785\" data-id=\"3a27785\" 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-9249eba elementor-widget elementor-widget-heading\" data-id=\"9249eba\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Overall Performance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f30d5a9 elementor-widget elementor-widget-text-editor\" data-id=\"f30d5a9\" 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\t\t<p><strong>Revenue: KRW 11.256T, up KRW 2.953T (35.6%\u2191) from KRW 8.303T in Q3 2021<\/strong><\/p><p><strong>Operating Profit: KRW 797B, up KRW 656B (465.2%\u2191) from KRW 141B in Q3 2021<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-90d5846 elementor-widget elementor-widget-text-editor\" data-id=\"90d5846\" 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\t\t<p>In Q3, revenue and operating profit both rose year-over-year (yoy) on the back of balanced growth among the business groups and a sound profit structure.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c5f76d elementor-widget elementor-widget-text-editor\" data-id=\"5c5f76d\" 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\t\t<p>The steady performance was led by large-scale investments in high tech and new overseas orders for the Engineering &amp; Construction Group, along with a recovery in leisure demand and a strong performance by the Resort Group\u2019s food distribution business.<\/p><p>Profit growth was driven by the Fashion Group\u2019s imported brands and online business, in addition to the continuous growth of the company\u2019s biopharmaceuticals subsidiary.<\/p><p>Meanwhile, the Engineering &amp; Construction Group\u2019s cumulative new orders as of Q3 stood at KRW 13.6T, or 81.4% of the annual target of KRW 16.7T.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c7667ee elementor-widget elementor-widget-heading\" data-id=\"c7667ee\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Engineering &amp; Construction Group<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-257318f elementor-widget elementor-widget-text-editor\" data-id=\"257318f\" 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\t\t<p><strong>Revenue: KRW 4.19T, up KRW 1.783T (74.1%\u2191) from KRW 2.407T in Q3 2021<\/strong><\/p><p><strong>Operating Profit: KRW 324B, up KRW 454B (349.2%\u2191) from KRW -130B in Q3 2021<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe91a08 elementor-widget elementor-widget-text-editor\" data-id=\"fe91a08\" 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\t\t<p>Revenue and operating profit grew yoy due to the commencement of construction on large-scale projects and an increase in new overseas orders.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d54af66 elementor-widget elementor-widget-heading\" data-id=\"d54af66\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Trading &amp; Investment Group<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c3ab6e3 elementor-widget elementor-widget-text-editor\" data-id=\"c3ab6e3\" 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\t\t<p><strong>Revenue: KRW 4.796T, up KRW 433B (9.9% \u2191) from KRW 4.363T in Q3 2021<\/strong><\/p><p><strong>Operating Profit: KRW 59B, down KRW 23B (28.0%\u2193) from KRW 82B in Q3 2021<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ff3aff elementor-widget elementor-widget-text-editor\" data-id=\"3ff3aff\" 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\t\t<p>Revenue growth was led by trading and operation sites, while operating profit fell slightly amid the global economic slowdown.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcdf4b0 elementor-widget elementor-widget-heading\" data-id=\"fcdf4b0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Fashion Group<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd04f37 elementor-widget elementor-widget-text-editor\" data-id=\"bd04f37\" 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\t\t<p><strong>Revenue: KRW 471B, up KRW 96B (25.6%\u2191) from KRW 375B in Q3 2021<\/strong><\/p><p><strong>Operating Profit: KRW 29B, up KRW 12B (70.6%\u2191) from KRW 17B in Q3 2021<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f7108e elementor-widget elementor-widget-text-editor\" data-id=\"2f7108e\" 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\t\t<p>Revenue and operating profit expanded yoy due to overall improvements in the group\u2019s businesses, led by imported brands and its online business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55e6fe3 elementor-widget elementor-widget-heading\" data-id=\"55e6fe3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Resort Group<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e79bb2 elementor-widget elementor-widget-text-editor\" data-id=\"3e79bb2\" 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\t\t<p><strong>Revenue: KRW 930B, up KRW 223B (31.5%\u2191) from KRW 707B in Q3 2021<\/strong><\/p><p><strong>Operating Profit: KRW 72B, up KRW 56B (350.0%\u2191) from KRW 16B in Q3 2021<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be14be2 elementor-widget elementor-widget-text-editor\" data-id=\"be14be2\" 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\t\t<p>Revenue and operating profit increased yoy following a recovery in leisure demand and a strong performance by the group\u2019s food distribution business.<\/p>\t\t\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>Overall Performance Revenue: KRW 11.256T, up KRW 2.953T (35.6%\u2191) from KRW 8.303T in Q3 2021 Operating Profit: KRW 797B, up KRW 656B (465.2%\u2191) 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 a sound profit structure. The [&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-30750","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 2022 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\/2022-10-samsung-ct-q3-2022-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 2022 earnings - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"Overall Performance Revenue: KRW 11.256T, up KRW 2.953T (35.6%\u2191) from KRW 8.303T in Q3 2021 Operating Profit: KRW 797B, up KRW 656B (465.2%\u2191) 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 a sound profit structure. 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