Company Profile For Samsung Heavy Industries Co Ltd

Samsung Heavy Industries Co Ltd (010140.KS) (Korea Stock Exchange)

sector: Industrials · industry: Engineering & Construction ·

As of 7:39am IST

24,650.00KRW

Price Change

+50.00

Percent Change

+0.20%

Analyst Recommendations

Overview

Samsung Heavy Industries Co.,Ltd is a Korea-based company engaged in shipbuilding and construction business. Its shipbuilding division concentrates on the design and development of tankers, container ships, liquefied natural gas (LNG) carriers, cruise ships, drill ships, crude oil production and storage facilities, floating offshore structures, fixed platforms and offshore development ships. The construction and engineering division specializes in civil works, including roads, bridges, airports, subway systems, industrial complexes and ports; architectural works, including offices building and financial institutions, as well as housing construction works. The Company is also engaged in digital business providing ship automation systems and home network systems.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 December 2008, Samsung Heavy Industries' total revenues increased 26% to W10.690T. Net income applicable to common stocks increased 23% to W596.59B. Revenues reflect increased overseas demand for the ship building operations, domestic and overseas demand for construction business. Net income was partially offset by higher loss on valuation of derivatives, and higher loss on derivatives transaction.