Samsung E&A announced on the 22nd that its preliminary consolidated operating profit for the third quarter of this year was tallied at KRW 500.63 billion. This represents a 183.6% increase compared to the same period last year and an 83.3% rise from the previous quarter.

■ Q3 Revenue of KRW 2.9104 Trillion... Net Income Also Improves

Third-quarter revenue came to KRW 2.91047 trillion, up 45.8% year-on-year and 11.5% from the previous quarter. Profit from continuing operations before corporate tax expenses was KRW 298.681 billion, up 59.7% year-on-year and 21.6% quarter-on-quarter.

Net income for the period was KRW 216.695 billion, up 37.7% year-on-year and 18.7% from the previous quarter. Net income attributable to owners of the parent company was KRW 218.2 billion, up 53.8% year-on-year and 20.4% quarter-on-quarter.

■ Cumulative January-September Revenue of KRW 7.7871 Trillion... Operating Profit Up 86.9%

Cumulative revenue from January through September this year totaled KRW 7.787184 trillion, up 24.2% from the same period last year. Cumulative operating profit for the same period was KRW 961.884 billion, an 86.9% increase year-on-year.

Cumulative profit from continuing operations before corporate tax expenses was KRW 753.211 billion, up 26.6% year-on-year. Cumulative net income for the period rose 23.3% to KRW 562.481 billion, while cumulative net income attributable to owners of the parent company increased 28.1% year-on-year to KRW 555.078 billion.

■ Preliminary Results Based on K-IFRS Consolidated Standards... May Differ from Final Figures

These results are preliminary figures based on consolidated financial statements prepared in accordance with Korean International Financial Reporting Standards (K-IFRS). Samsung E&A noted that as the data was provided before the completion of accounting audits by external auditors of the company and its subsidiaries, the final figures may differ from these preliminary results.