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SAMSUNG E&A Q1 Profit Rises On Higher Sales

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

Samsung E&A Co., Ltd. (028050.KS), a construction and project management company, on Thursday reported higher earnings for the first quarter, mainly helped by growth in sales.

Net income from continuing operations before income tax increased to 208.820 billion won from 204.633 billion won, reflecting a year-on-year increase of 2%.

Operating profit rose 19.6% to 188.194 billion won from 157.304 billion won in the same period last year.

Net income attributable to shareholders of the parent company increased to 155.598 billion won from 150.595 billion won, marking a 3.3% rise year on year.

Sales grew 8.1% to 2.2674 trillion won from 2.0979 trillion won a year earlier.

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