Samsung C&T Corp. reports a 73.9% year-over-year increase in Q2 net profit to 915.5 billion won, driven by a diversified business portfolio despite global economic uncertainty.
Samsung C&T is partnering with UK architectural firm Foster + Partners to develop the Seongsu 3rd District redevelopment project in Seoul into a high-end landmark. The collaboration aims to create a super-tall residential complex with optimal views and internal efficiency.
Samsung C&T has been selected as the construction company for the Apgujeong 4 District reconstruction project in Gangnam-gu, Seoul. The project, with an estimated construction cost of approximately 2.11 trillion won, will create 1,662 units and is expected to become a landmark.
