SAMSUNG E&A

SAMSUNG E&A, a total solutions provider for the global energy industry, announced today through the provisional financial results disclosure for Q2 of 2025, a revenue of KRW 2.178 trillion, operating profit of KRW 180.9 billion, and net profit of KRW 141.7 billion in the second quarter of 2025 (on a consolidated basis and by the K-IFRS). Revenue, operating profit, and net profit decreased by 18.9%, 31.1%, and 31.0%, respectively, compared to the same period last year. In the first half of the year, SAMSUNG E&A recorded revenue of KRW 4.276 trillion, operating profit of KRW 338.2 billion, and net profit of KRW 298.9 billion.

Regarding the performance background, the company explained, “We achieved operating profit that exceeded market expectations due to improvements in project costs and settlement profits,” and “We expect that performance will recover starting in the second half of this year when sales from the Saudi Arabia Fadhili gas plant ordered last year will be fully reflected, and we will be able to achieve our annual operating profit target.”

The amount of new orders accumulated in the first half of the year was KRW 2.6484 trillion, and the order backlog was KRW 18.2 trillion, equivalent to about two years of last year's revenue. In the second half of the year, visible new order performances are expected in strategic regions such as the Middle East and North America.

The second quarter was notable for its performance in the eco-friendly energy transition sector. In April, SAMSUNG E&A entered the first eco-friendly plastic plant market in the Middle East by participating in the UAE biodegradable plastic project, and in May, it accelerated commercialization by launching the green hydrogen production technology solution ‘Compass H2’ with global hydrogen company Nel, which it acquired shares in this year. In addition, it held a tech forum last month to demonstrate its status as a leading global energy technology company.

A SAMSUNG E&A spokesperson said, “We will continue to grow steadily by focusing on project management and sound management, while strengthening the foundation for future sustainable growth centered on mid- to long-term core strategies such as AHEAD (innovative technology) and E&Able (energy transition and eco-friendly field).”