Samsung Construction and Trading Co. posted a record profit last year with all its business sectors doing exceptionally well.
The construction, trading and fashion sectors all did well, boosting the company’s annual sales to 29.279 trillion won, up 4.2 percent YoY, with operating profit rising to 881.3 billion won. The Bio sector chipped in sizably, even though it was its initial year.
Samsung C&T has brought meaningful changes to hundreds of thousands of people around the world over the past 12 months. From innovative construction projects to cutting-edge entertainment, the business network around the world has brought new ideas to diverse fields, the company said.
Let’s take a look at some of the most memorable moments from the company’s operation in 2017:
As the clock struck midnight on October 14th, the Mayor of Halton’s car became the first ever vehicle to cross the Samsung C&T-built Mersey Gateway. Seven years in the making, the opening of the six-lane bridge marked a new chapter of river crossing in the Wirral Peninsula. Recognized by KPMG as one of the “Top 100 infrastructure projects around the globe”, the Mersey Gateway will reduce 80% of traffic on the Silver Jubilee Bridge, while significantly cut down travelling time for millions of commuters. On top of all that, the project is also expected to greatly stimulate economic development in the region.
Onsite safety is a value Samsung C&T brings to all its construction projects. And no project represents this commitment better than the liquefied natural gas (LNG) terminal in Pengerang, Malaysia, according to the company.
Dubbed RGT-2, Samsung C&T was contracted by Malaysian oil and gas giant Petronas to build the sprawling LNG terminal in just 27 months a considerable feat for a project of this scale, analysts say. Even in the face of such a tight timeframe, the company has not neglected workers’ well-being. From novel construction methods to engaging drills, Samsung C&T adopted a holistic approach to ensure safety at the construction site is maintained at the highest level.
Samsung C&T’s forward-thinking approach to safety has set an example for others in the industry to follow, as the project secured the annual health, safety, and environment Performance Excellence Award from Petronas on October 12. After nearly 3 years of construction, the Kelar Power Plant in Chile was successfully completed on May 26th.
Located in the port city of Antofagasta, Northern Chile, the power plant was constructed by Samsung C&T and KOSPO (Korean Southern Power Co., Ltd). Its completion was a significant milestone as the facility is the first private power plant constructed and operated by Korean companies in the country.
The 517 MW gas-fired combined-cycle power plant supplies energy to BHP Billiton’s copper mines in the region. It’s also expected to replace coal-based power generation in Chile, offsetting up to 1.5 million tons of CO2 emissions per year.
Samsung C&T has brought meaningful changes to hundreds of thousands of people around the world over the past 12 months. From innovative construction projects to cutting-edge entertainment, our business network around the world has brought new ideas to diverse fields. With 2018 just around the corner, let’s take a look at some of our most memorable moments from 2017.
Since debuting his namesake label in 2007, designer “Juun.J” has been pushing the boundaries of menswear, gaining legions of fans worldwide that includes celebrities such as Kanye West, Rihanna and Drake. A decade after the label’s critically acclaimed debut, Juun.J celebrated its 10th anniversary at Paris Men’s Fashion Week by unveiling the “Archive” collection.
Drawing on past collections, the designer reworked some of the label’s most iconic pieces for the F/W ’17 show, while also breaking new ground by including 11 female modes in the lineup to bring to life his “genderless” design philosophy.
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