Samsung Heavy Industries' Q2 Operating Profit Surges 58.7% on July 24

Samsung Heavy Industries reported Q2 2026 operating profit of 325 billion won, surging 58.7% year-over-year, the company disclosed on July 24 according to Yonhap Infomax. Q2 revenue rose 20.4% to 32.3 trillion won, though both figures missed analyst expectations.

The company attributed gains to increased global operations and resumption of dock-based ship launches. In the first half of 2026, operating profit climbed 82% and revenue grew 19% year-over-year. Samsung Heavy also hit its new order milestone of $10 billion through July, primarily driven by LNG carrier orders.