Samsung Heavy Industries Plans to Secure $13.9 Billion in Shipbuilding and Offshore Engineering Orders for 2026
2026-02-03 15:34
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Wedoany.com Report on Feb 3rd, Samsung Heavy Industries achieved its best profitability since 2010 in 2025, while also updating its revenue and order targets for 2026. This progress reflects the company's improved profitability in commercial shipbuilding and the steady advancement of offshore engineering projects.

In 2025, Samsung Heavy Industries' consolidated revenue reached KRW 10.65 trillion (approximately $7.34 billion), with an operating profit of KRW 862.2 billion (approximately $594 million) and a net profit of KRW 535.8 billion (approximately $369 million). The company slightly exceeded its previous revenue expectations, while the actual operating profit performance was significantly higher than projected levels.

For 2026, Samsung Heavy Industries has set a consolidated revenue target of KRW 12.8 trillion (approximately $8.83 billion) and plans to secure $13.9 billion in shipbuilding and offshore engineering orders. These targets demonstrate the company's proactive planning for future business development.

Samsung Heavy Industries is a Korean shipbuilding and offshore engineering company established under local commercial law, specializing in the design and construction of large commercial vessels and complex offshore production facilities. Its main manufacturing base is located in Geoje, providing global clients in the energy and shipping sectors with LNG carriers, floating production units, and various other high-end offshore structures.

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