7 hours Ago By Jung So-yeon
Samsung E&A continues to demonstrate strong performance in the first quarter of 2025, aligning with the annual performance targets set at the beginning of the year. On April 24, Samsung E&A announced through a public disclosure that it recorded consolidated revenue of 2.098 trillion won, operating profit of 157.
3 billion won, and net profit of 157.2 billion won for Q1. While these figures reflect a year-over-year decrease of 12.
0% in revenue, 24.9% in operating profit, and 4.2% in net profit, the results remain consistent with expectations and confirm a stable profit structure.
The company explained, "We were able to maintain stable profit margins thanks to enhanced project profitability management and cost reduction efforts." Notably, the Fadhili gas plant project for Saudi Aramco, which was secured last year, is anticipated to significantly contribute to revenue starting in the second half of this year, signaling positive prospects for achieving annual performance goals. In Q1, new orders reached 2.
4 trillion won, and the total order backlog stood at 21.4 trillion won, equivalent to approximately 2 years and 2 months of work based on last year's revenue. A notable achievement includes securing contracts for methanol and biodegradable plastic plants in the United Arab Emirates (UAE), marking Samsung E&A's entry into the eco-friendly plastic plant market in the Middle East.
Additionally, Samsung E&A is actively advancing its strategy to respond to the future energy market. The company has acquired shares in the global hydrogen firm 'Nel,' which commercialized electrolysis technology for the first time in the world, securing its position in the green hydrogen sector and laying the groundwork for entry into the hydrogen plant business. "We plan to continue stable growth by adhering to a profitability-focused order strategy while concentrating on project management and sound management practices," said an official from Samsung E&A.
"We will strengthen our EPC capabilities by integrating innovative technologies such as modularization, artificial intelligence (AI), and automation, and actively invest in new businesses based on energy transition.".
