Samsung E&A reported an operating profit of 500.6 billion won for the third quarter, continuing its strong performance.
On October 22, Samsung E&A announced preliminary results for the third quarter of 2026, showing sales of 2.91 trillion won and an operating profit of 500.6 billion won. Both sales and operating profit increased by 45.8% and 183.6%, respectively, compared to the same period last year.
For the cumulative third quarter, the company recorded sales of 7.78 trillion won and an operating profit of 961.9 billion won. Samsung E&A attributed its strong performance to the significant revenue from large-scale chemical and advanced industry projects, along with rigorous project cost management and innovations in technology-based operations, including artificial intelligence, digital transformation, and robotics.
In the third quarter, new orders totaled 9.4 trillion won, bringing cumulative orders to 17.1 trillion won. The order backlog at the end of the third quarter stood at 27.2 trillion won, equivalent to nearly three years of work based on last year's sales of 9 trillion won. This allowed Samsung E&A to exceed its annual targets for both orders and operating profit within just the third quarter.
As a result, the company has revised its annual order forecast from 12 trillion won to 19 trillion won and its operating profit forecast from 800 billion won to 1.4 trillion won.
On the same day, Samsung E&A's board of directors decided to acquire approximately 780 billion won worth of its own shares from October 23, 2026, to January 22, 2027, to enhance shareholder value and reward employees. Of this amount, 690 billion won will be used for share buybacks and subsequent cancellations, while the remaining 90 billion won will be allocated for employee bonuses and other purposes.
A Samsung E&A representative stated, "Based on our robust order backlog, we will continue to ensure high-quality project outcomes and stable performance through thorough project management and differentiated execution based on innovative technologies. We aim to solidify the foundation for sustainable long-term growth through balanced growth across all sectors, including chemicals, advanced industries, and new energy."
* This article has been translated by AI.
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