Samsung Engineering turns to black in Q3

[DISCLOSURE] Samsung Engineering (028050), South Korea’s largest builder of engineering projects, swung to an operating profit of 53.2 billion won (US$46.62 million) in the third quarter, the company said on Oct. 27.

Revenue came to 1.63 trillion won in the July-September period, surging 90.3 percent from a year earlier.

Net income also turned to the black to reach 2.1 billion won.

(theinvestor@heraldcorp.com)