Samsung Heavy Industries Posts Q2 Sales of 3.2 Trillion Won, Up 20% Year-on-Year

First-half sales exceed 6 trillion won

Samsung Heavy Industries announced on July 24 that its consolidated sales for the second quarter of this year reached 3.2307 trillion won, with operating profit of 325 billion won.

A large floating liquefied natural gas production facility built by Samsung Heavy Industries. Photo by The Asia Business Daily Database

The company stated, "Sales rose by 20% year-on-year due to factors such as a full-scale ramp-up of global operations production and the resumption of two-dock vessel launches." Operating profit for the same period increased by 59%.

According to preliminary results, sales for the first half of the year stood at 6.133 trillion won and operating profit at 598.1 billion won, marking an increase of 19% and 82% respectively compared to the first half of last year. Annual sales for this year are forecasted to reach 12.8 trillion won.

As of July 2026, Samsung Heavy Industries has achieved new orders worth 10 billion USD, and its shipbuilding division has reached 98% of its annual target. Additional orders are also anticipated, mainly for LNG carriers.

A company representative commented, "In the second half of the year, we will continue working to enhance productivity and profitability using 3X (DX, AX, RX), while also striving to achieve visible results in various U.S. businesses, including floating data centers (FDCs) that have recently attracted market attention, as well as maintenance, repair, and operations (MRO) activities."

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