Company Profile For Samsung Engineering Co Ltd

Samsung Engineering Co., Ltd. is a construction company based in Korea. Its services include the construction of petrochemical plants, oil and gas plants, industrial plants and environmental plants. In the industrial plant construction sector, the Company participates in various projects on a turnkey basis, ranging from power plants to electronics, automobile, chemicals and food production plants. In addition, Samsung Engineering constructs water treatment systems for semiconductor and power plants, sewage treatment facilities and other projects. The Company also established presences in the Middle East, Europe, Asia and the United States, providing engineering services.

BRIEF: For the fiscal year ended 31 December 2008, Samsung Engineering Co., Ltd.'s net sales increased 39% to W3.086T. Net income increased 29% to W189.85B. Revenues reflect increased income generated from the industry engineering segment in foreign market.Net income was partially offset by increased loss on foreign currency translation and loss on valuation of currency forwards, as well as increased loss on currency forwards transactions.