Samsung C&T Forecasts Q2 Operating Profit Up 14.96% on High-Tech Construction Momentum

According to Yonhapinfomax, Samsung C&T's second-quarter operating profit is forecasted at 865.2 billion won, up 14.96% year-over-year, with revenue projected at 10.98 trillion won, up 9.53% from the prior year. The growth is driven by full-scale high-tech construction projects in Pyeongtak, including Samsung Electronics' P4 completion works and P5 structural construction running simultaneously in Q2, as well as momentum from small modular reactor (SMR) projects. Bio and fashion segments are also expected to show improved profitability amid recovering consumer sentiment.
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