[Edaily Reporter Cho Yong Seok ] SAMSUNG C&T CORPORATION surpassed 1 trillion won in operating profit for the second quarter of this year, driven by balanced growth across its construction and trading divisions.

SAMSUNG C&T CORPORATION announced on the 29th that it recorded consolidated revenue of 11.995 trillion won and operating profit of 1.032 trillion won in the second quarter of this year. Revenue and operating profit increased by 19.7% and 37.1%, respectively, compared to the same period last year. Compared to the previous quarter, revenue and operating profit also rose by 14.6% and 43.2%, respectively.

The Construction Division posted revenue of 3.988 trillion won and operating profit of 202.0 billion won, representing year-over-year increases of 17.5% (593.0 billion won) in revenue and 71.2% (84.0 billion won) in operating profit. Revenue and operating profit rose due to the full-scale launch of high-tech construction projects and favorable progress on overseas plant projects.

The Trading Division posted revenue of 4.703 trillion won and operating profit of 142 billion won, representing year-over-year increases of 927 billion won (24.5%) in revenue and 62 billion won (77.5%) in operating profit. Improved performance was driven by strong results in steel, chemical, and fertilizer trading, as well as stable performance in overseas operations and renewable energy development projects.

The Fashion Division also saw increases in revenue and operating profit thanks to balanced growth across its own and imported brands. Revenue reached 593 billion won, up 16.3% year-over-year, while operating profit rose 63.6% to 54 billion won.

The Resort Division posted revenue of 1.092 trillion won and operating profit of 48 billion won. While revenue increased by 41 billion won compared to the same period last year, operating profit decreased by 6 billion won. The company attributed the decline in operating profit to a decrease in leisure demand.