Samsung E&A Q3 operating profit rises 183.6% to 500.6 billion won, buyback planned
Version 2: Newsis also reported the results, the raised forecasts and the buyback, matching the earlier figures.
In short
Samsung E&A (삼성E&A) reported third-quarter consolidated operating profit of 500.6 billion won, up 183.6% from a year earlier, in a provisional earnings disclosure on 22 October. Revenue was 2.9105 trillion won, up 45.8%. The company also raised its full-year order and operating profit forecasts and decided to buy back about 780 billion won of its own shares from 23 October.
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Samsung E&A (삼성E&A), a KOSPI-listed company, said in a provisional earnings disclosure on 22 October that its consolidated operating profit for the third quarter was 500.6 billion won, up 183.6% from the same period last year. Revenue was 2.9105 trillion won, up 45.8%. [ 1 , 2 , 3 , 5 ]
Yonhap said net profit was 216.7 billion won, up 37.7%, and that the operating profit was 98.4% above the 252.3 billion won market forecast compiled by Yonhap Infomax. [ 1 ]
For the first three quarters combined, revenue was 7.7872 trillion won and operating profit was 961.9 billion won. The company attributed the results to large chemical and advanced-industry projects being reflected in revenue, along with project cost control and technology-based execution using AI, DT and robotics, which it said improved productivity and profitability. [ 2 , 3 , 5 ]
New orders in the third quarter were 9.4 trillion won, and cumulative orders were 17.1 trillion won. The order backlog at the end of the quarter was 27.2 trillion won, which Asia Economy and Chosun Ilbo describe as about three years of work based on last year's revenue of 9 trillion won. The three business outlets said a fertilizer project worth about 4.7 trillion won, won alone from Saudi Arabia's SABIC Agri-Nutrients in September, contributed to the results. Chosun Ilbo gave the value as about 3.5 billion US dollars. [ 2 , 3 , 5 ]
Because cumulative orders and operating profit passed the annual targets, the company raised its 2026 order forecast from 12 trillion to 19 trillion won and its operating profit forecast from 800 billion to 1.4 trillion won, the three outlets reported. Chosun Ilbo said this was done through a corrected earnings outlook disclosure. [ 2 , 3 , 5 ]
The board met on 22 October and decided to acquire about 780 billion won of treasury shares over three months, from 23 October to 22 January 2027. Of this, 690 billion won is to be cancelled and 90 billion won is to be used for employee bonuses and similar purposes. Asia Economy said the company described the move as a way to share the gains from exceeding its targets with shareholders. [ 2 , 3 , 5 ]
A company official said the company would build on its order backlog and aim for balanced growth across chemicals, advanced industries and new energy. [ 2 , 5 ]
Why it matters
Yonhap said the operating profit was well above the market forecast it compiled through Yonhap Infomax. The company raised its yearly targets and announced a share buyback, which Asia Economy said is meant to share results with shareholders.
Key facts
- Samsung E&A's third-quarter consolidated operating profit was 500.6 billion won, up 183.6% from a year earlier. [ 1 , 2 , 3 , 5 ]
- Third-quarter revenue was 2.9105 trillion won, up 45.8%. [ 1 , 2 , 3 , 5 ]
- Yonhap said third-quarter net profit was 216.7 billion won, up 37.7%, and operating profit was 98.4% above the 252.3 billion won market forecast compiled by Yonhap Infomax. [ 1 ]
- New orders in the third quarter were 9.4 trillion won, and the order backlog at the end of the quarter was 27.2 trillion won. [ 2 , 3 , 5 ]
- The company raised its 2026 order forecast from 12 trillion to 19 trillion won and its operating profit forecast from 800 billion to 1.4 trillion won. [ 2 , 3 , 5 ]
- The board decided to acquire about 780 billion won of treasury shares from 23 October; 690 billion won is to be cancelled and 90 billion won used for employee bonuses and similar purposes. [ 2 , 3 , 5 ]
Confirmed by several sources
- Samsung E&A disclosed third-quarter operating profit of 500.6 billion won, up 183.6%, and revenue of 2.9105 trillion won, up 45.8%. [ 1 , 2 , 3 , 5 ]
- The company raised its full-year order forecast to 19 trillion won and its operating profit forecast to 1.4 trillion won. [ 2 , 3 , 5 ]
- The board decided on a treasury share purchase of about 780 billion won, with 690 billion won to be cancelled and 90 billion won for employee bonuses and similar uses. [ 2 , 3 , 5 ]
- A fertilizer project worth about 4.7 trillion won, won alone from Saudi Arabia's SABIC Agri-Nutrients in September, was cited as contributing to the results. [ 2 , 3 , 5 ]
Still unclear
- Which annual targets were exceeded after three quarters. Chosun Ilbo's opening says annual operating profit and revenue targets were exceeded, while its later text, Asia Economy and Newsis cite orders and operating profit.
- What "DT" stands for in the company's explanation of its technology-based project execution. Asia Economy expands it as data center, while Chosun Ilbo expands it as digital twin.
What local media are saying
Timeline, local time
- Yonhap published the first report on the provisional third-quarter results. [ 1 ]
- Asia Economy and Chosun Ilbo published reports on the results, the raised forecasts and the buyback. [ 2 , 3 ]
- Yonhap published an updated, longer report. [ 4 ]
- Newsis published its report on the results, the raised forecasts and the buyback. [ 5 ]