Samsung Eng stock gains 2.91 percent as SAN7 lifts outlook

Published on 10/07/2026 at 05:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kiwoom sees KRW 276 billion in third-quarter operating profit, 56.3 percent higher year over year. The SAN7 project adds KRW 4.7 trillion to the order outlook.

Samsung Eng, KR7028050003, Illustration mit AI erstellt.

Samsung Eng stock gained 2.91 percent to KRW 49,450 on the Korea Exchange on October 7, 2026, as investors weighed a stronger project and earnings outlook. According to EDAILY on October 2, Kiwoom Securities projected third-quarter operating profit of KRW 276 billion, up 56.3 percent from a year earlier and above consensus of KRW 248.1 billion.

SAN7 expands the order outlook

The central operating signal is the SAN7 project, which the EDAILY report valued at KRW 4.7 trillion. Kiwoom said the award could help lift annual order guidance to at least KRW 16 trillion after the company had previously raised its guidance from KRW 3 trillion to KRW 7 trillion.

The same report identified the Middle East LOA project at KRW 3.2 trillion and SAN7 at KRW 4.7 trillion as projects that can support revenue growth. It also cited additional fourth-quarter opportunities linked to Samsung affiliates, particularly in high-tech projects.

Profit growth meets a high bar

The latest reported base is Samsung E&A's second quarter. The company reported operating profit of KRW 273.1 billion for the quarter released on July 23, 2026, up 51 percent year over year, according to the Samsung E&A investor-relations page.

Kiwoom's KRW 276 billion third-quarter estimate is therefore KRW 2.9 billion above the second-quarter operating profit reported by the company. The comparison is narrow in absolute terms, but the year-over-year estimate points to continued earnings growth if project execution remains on schedule.

Stock remains below its yearly high

At KRW 49,450, the stock remained below its 52-week high of KRW 67,300 and above its 52-week low of KRW 23,150 on October 7, 2026. Market capitalization stood at KRW 9.7 trillion, while volume reached 1,062,020 shares during the session.

The price move gives the order outlook immediate market relevance, while the earnings comparison sets a demanding test for the next report. The combination of project conversion, margin protection and fourth-quarter affiliate orders is the key operating link between the current valuation and the forecast.