Daeshin Securities said on the same day that Samsung C&T reported good financial results in the quarter thanks to the excellent performance by its trading division. Its investment opinion on the company's stock was "buy," with a target share price of 76,000 won.
On the 17th, Samsung C&T announced that its third-quarter operating profit rose 170 percent to 140.7 billion won from the same quarter last year. This is 8 percent higher than the market consensus figure. Its net profit rose 206 percent to 88.3 billion won from a year ago, 14 percent lower than expected.
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