Samsung C&T Corp. (028260.KS) reported Wednesday higher profit in its first quarter, while operating income edged down, despuite growth in sales.
In the quarter, net income attributable to shareholders of parent company grew 15.2 percent to 844.22 billion Korean won from last year's 732.77 billion won.
Operating income dropped 0.6 percent to 720.36 billion won from 724.42 billion won last year.
Sales increased 7.5 percent to 10.47 trillion won from prior year's 9.74 trillion won.
In South Korea, the shares closed Wednesday's trading at 308,500.00 won, down 0.32%.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.