Samsung C&T earnings jump 15.9 percent in Q2


(MENAFN) Samsung C&T Corp., a South Korean trading and construction company, said its second-quarter earnings jumped 15.9 percent on-year, Yonhap reported.

Net income stood at USD132.57 million, up from USD113.11 million registered a year earlier, the company said in a regulatory filing.

Operating profit also increased strongly by 46.4 percent on-year to USD141.64 million, while sales gained 6.4 percent to USD7.25 billion during the cited period.

"Large-scale mega projects in places like Australia contributed to gains across the board in the last quarter," a corporate official said.


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