Samsung C&T Q3 Net Profit Rises
(RTTNews) - Samsung C&T reported third quarter net profit of 885 billion Korean won compared to 560 billion won, last year. Operating profit increased to 994 billion won from 736 billion won. Operating margin was 9.8% compared to 7.1%, previous year.
Third quarter sales were 10.15 trillion Korean won compared to 10.31 trillion won, prior year. E&C sales were 3.09 trillion won compared to 4.48 trillion won.
The company noted that the figures are consolidated earnings estimates based on K-IFRS.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.