Samsung E&A Posts KRW 273.1 Billion in Q2 Operating Profit, Up 51.0% Year-on-Year

Revenue of KRW 2.6093 Trillion
Net Profit of KRW 182.5 Billion

SAMSUNG E&A recorded strong results in the second quarter of this year, driven by the recognition of revenue from major projects and cost improvements achieved through performance innovation.

On July 23, SAMSUNG E&A announced its preliminary results, reporting consolidated revenue of KRW 2.6093 trillion, operating profit of KRW 273.1 billion, and net profit of KRW 182.5 billion for the second quarter of 2026. Compared to the same period last year, revenue increased by 19.8%, operating profit by 51.0%, and net profit by 28.8%. The value of new orders secured in the second quarter reached KRW 3 trillion.

The company also achieved balanced growth in its accumulated performance for the first half of the year. First-half revenue reached KRW 4.8767 trillion, a 14.0% increase from the previous year, while operating profit grew by 36.4% to KRW 461.3 billion and net profit rose by 15.7% to KRW 345.8 billion. By business segment, first-half revenue was KRW 2.2031 trillion for petrochemicals, KRW 1.4122 trillion for advanced industries, and KRW 1.2614 trillion for new energy.

The main factors contributing to this performance improvement include the full-scale recognition of revenue from large-scale projects, a selective order intake strategy, and cost savings through the application of innovative technologies such as artificial intelligence (AI), automation, and modularization.

The total value of new orders secured in the first half was KRW 7.6 trillion. By segment, new orders reached KRW 3.4 trillion in petrochemicals, KRW 2.4 trillion in advanced industries, and KRW 1.8 trillion in new energy. Major new projects included overseas petrochemical plants and water treatment plants in the Middle East region. As of the end of the second quarter, the company’s order backlog stood at approximately KRW 22.7 trillion, which is equivalent to about two and a half years’ worth of work based on last year's revenue (KRW 9 trillion).

Buoyed by these achievements, the outlook for meeting the company’s annual management targets has also improved. At the beginning of the year, SAMSUNG E&A set annual goals of KRW 12 trillion in orders, KRW 10 trillion in revenue, and KRW 800 billion in operating profit. Both orders and revenue are currently exceeding the targets, and with additional revenue recognition expected in the second half of the year, the company is also likely to achieve its operating profit target.

An official from SAMSUNG E&A stated, “Balanced growth across the three business areas—petrochemicals, advanced industries, and new energy—enabled us to increase both revenue and operating profit. We will do our utmost to achieve our annual targets by securing high-quality projects and continuously strengthening our cost competitiveness.”

This content was produced with the assistance of AI translation services.