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Samsung Biologics Q4 Profit Rises 74%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Samsung Biologics Co.,Ltd. (207940.KS), a contract development and manufacturing organization, on Wednesday reported profit before tax of 574.579 billion won for the fourth quarter, up 59.4% from 360.492 billion won in the same period a year earlier.

Operating profit increased 67.8% to 528.251 billion won from 314.746 billion won a year earlier.

Net income attributable to shareholders rose 74.1% to 453.050 billion won from 260.256 billion won in the same period last year.

Sales climbed 35.3% to 1,285.706 billion won from 950.351 billion won a year earlier.

Excluding potential contributions from the planned acquisition of the U.S. site, the company projects 15-20% annual revenue growth for 2026.

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