Business · Companies · 2 hrs ago
Samsung E&A tops annual targets by the third quarter
Samsung E&A reported more than 500 billion won in third-quarter operating profit in 2026.
The company said its results were steady.
By the end of the third quarter, it had exceeded its full-year sales and operating profit targets.
Those targets were set for the whole year, so the company reached them before the year ended.
Samsung E&A plans to buy back shares worth 780 billion won over three months starting October 23.
It plans to cancel the shares or give them to employees as bonuses.
The buyback is intended to increase shareholder value.
Samsung E&A said it exceeded its annual operating profit and revenue targets by the end of the third quarter.
The company reported third-quarter operating profit of 500.6 billion won, up 183.6% from a year earlier.
It raised its 2026 operating profit forecast to 1.4 trillion won and its order forecast to 19 trillion won.
Samsung E&A also announced plans to buy back about 780 billion won of its shares and cancel 690 billion won worth.
- Who
- Samsung E&A.
- What
- It reported strong third-quarter results, said it had exceeded annual targets and raised its forecasts.
- When
- The company disclosed preliminary results on October 22, 2026.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Samsung E&A exceeded its annual operating profit and revenue targets.
The company disclosed preliminary results and raised its annual forecasts.
Samsung E&A planned to buy back about 780 billion won of shares over three months.
- Third-quarter revenue
- 2.9105 trillion won
- Third-quarter operating profit
- 500.6 billion won
- Year-on-year operating profit growth
- 183.6%
- Raised 2026 operating profit forecast
- 1.4 trillion won
- Raised 2026 order forecast
- 19 trillion won
- Planned share cancellation
- 690 billion won