Samsung E&A Reports Second Quarter 2024 Earnings

Samsung E&A (KRX:028050) Second Quarter 2024 Results

Key Financial Results

• Revenue: ₩2.69t (down 3.6% from 2Q 2023).
• Net income: ₩205.3b (down 34% from 2Q 2023).
• Profit margin: 7.6% (down from 11% in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Samsung E&A Earnings Insights

Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in South Korea.

Performance of the South Korean Construction industry.

The company's shares are up 12% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Samsung E&A could be a good place to look. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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