Samsung Engineering 2023 net income up 16.8 pct to 695.6 bln won

SEOUL, Samsung Engineering Co. on Tuesday reported its 2023 net income of 695.6 billion won (US$523.2 million), up 16.8 percent from a year earlier.

The company said in a regulatory filing that it posted 993.1 billion won in operating profit for the year, compared with 702.9 billion from the previous year. Annual sales rose 5.7 percent to 10.62 trillion won.

Source: Yonhap News Agency