{
  "id": 11338567,
  "title": "Samsung E&A Raises Third-Quarter Order Outlook",
  "url": "https://urgent.news/2026/10/02/samsung-e-a-raises-third-quarter-order-outlook",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T02:46:52.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=278126"
  },
  "original_language": "en",
  "account": "Samsung Electronics & Automotive (E&A) has increased its order outlook for the third quarter, with forecasts now projecting guidance of at least 16 trillion won ($12.31 billion). Analyst Shin Dae-hyun of Kiwoom Securities expressed confidence in the company's growth prospects, noting that Samsung E&A received a significant SAN7 order worth approximately 4.7 trillion won in the third quarter. This follows previous guidance increases from 3 trillion won to 7 trillion won. The analyst anticipates multiple high-tech industry orders in the fourth quarter, primarily for Samsung Electronics.\n\nFurthermore, discussions are taking place to accelerate production timelines for Ph1 and commence construction for P6 within the current year. The potential for starting construction on Taylor Fab 2 this year is also deemed likely. While third-quarter orders may be lower than anticipated due to timing discrepancies in main contracts, Shin is confident that the majority of these contracts will be signed in the fourth quarter.\n\nKey revenue drivers include the Fadhili gas plant in the chemical engineering sector, expected to peak in the first quarter of 2027, as well as Middle East LOA and SAN7 orders. These factors are projected to contribute to revenue growth and a potential operating profit margin of over 10% next year, surpassing the 13 trillion won mark. Samsung E&A's large-scale pipelines, including Qatar UREA, Mexico Mexinol, Abadi LNG, and DG Fuel, are also highlighted as major revenue generators.",
  "summary": "Kiwoom Securities forecasted on Sep. 2 that Samsung E&A's total order guidance for the third quarter will be upgraded to at least 16 trillion won ($12.31 billion). It maintained a 'Buy' investment opinion and a target price of 73,000 won.Researcher Shin Dae-hyun stated, \"Samsung E&A received the lon",
  "key_points": [
    "Samsung E&A raises third-quarter order outlook to at least 16 trillion won.",
    "Analyst Shin Dae-hyun confident in company's growth prospects.",
    "Discussions underway to accelerate Ph1 production and start P6 construction."
  ],
  "editors_take": "Samsung E&A's upwardly revised order outlook signals growing confidence in its growth prospects, driven by large-scale projects and potential new contracts that may further boost revenue and operating profit.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}