Samsung E&A Q2 Operating Profit Surges 51%, Stock Climbs 12.95% on July 23

According to Seoul Economy, Samsung E&A (stock code 028050) released Q2 earnings results today showing operating profit of 273.1 billion Korean won, up 51% year-over-year, with net income rising 28.8% to 182.5 billion won. The strong results drove the stock to close at 46,650 won, a 12.95% gain, after reaching 49,700 won intraday—marking a rebound toward the 50,000 won level. The company recorded first-half new orders worth 7.6 trillion won across chemical, advanced industrial, and new energy sectors.
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