True
Samsung Heavy Industries-affiliated plant builder Samsung E&A has reached 1 trillion won in annual operating profit for the first time, driven by a simultaneous upswing in Middle East plant orders and the semiconductor equipment business — a pairing summed up in Korean media coverage as "Middle East and semiconductors pulling together."
The company's record results reflect strength on two fronts. Orders from the Middle East, long a core market for Korean plant engineering firms, provided a steady stream of large-scale contracts, while expanded investment in semiconductor facilities added momentum to the equipment side of the business.
The 1 trillion won milestone marks the first time Samsung E&A has crossed that threshold in operating profit, underscoring the scale of the order backlog it has built up in recent years. The company, spun off from Samsung Engineering's construction and procurement arm, specializes in engineering, procurement and construction (EPC) services for energy, petrochemical and industrial plants.
Middle Eastern clients — particularly in Saudi Arabia and the United Arab Emirates — continue to anchor Samsung E&A's order pipeline, in line with the broader pattern of Korean plant builders winning major contracts in the Gulf region.
The semiconductor contribution reflects heightened facility investment across the chip industry, with Samsung E&A among the beneficiaries of construction and infrastructure work tied to fab builds and upgrades.
Detailed quarterly breakdowns and forward guidance were not provided in the material reviewed.
The claim that Samsung E&A has recorded its first 1 trillion won operating profit on the strength of Middle East orders and semiconductor demand is true.
Verdict: True