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Samsung SDS Accelerates Growth by Expanding Strategic Businesses and Discovering New Businesses

Google 우선 소스Published2018.03.23 14:59
Achieved all-time high sales of 9.2992 trillion won and operating profit of 731.6 billion won.

Samsung SDS held its 33rd Annual General Meeting of Shareholders and approved financial statements for the past year, including revenue of 9.2992 trillion won and operating profit of 731.6 billion won.

Samsung SDS also passed agenda items regarding the appointment of directors, partial amendment of the articles of incorporation, limits on directors' remuneration, and dividends. In particular, the dividend was raised to 2,000 won per share, a 167% increase from 750 won last year.

In his address at the general shareholders' meeting, CEO Hong Won-pyo stated, “We have set this year’s management policy as ‘Innovation and Synergy, Platform and Growth.’ Through this, we will fundamentally transform the company’s constitution and management processes, and strive to revitalize all of the company’s business activities.”

CEO Hong Won-pyo also stated that he would focus on three key initiatives: expanding strategic businesses, identifying new businesses, and expanding strategic investments and partnerships.

CEO Hong stated that to expand strategic businesses, "we will foster blockchain technology into a platform for customer trust and value for Digital Transformation, and develop our four strategic IT service businesses into business platforms that combine industry expertise on a cloud-based common platform." He also emphasized that the logistics sector would accelerate growth by expanding external customers and new services.

In addition, to discover new business opportunities, we plan to pursue new businesses based on new technologies and platforms to identify large-scale business opportunities for existing customers and actively expand new revenue from external business.

In addition, CEO Hong emphasized that the company will accelerate growth momentum by expanding strategic investments and partnerships, and further strengthen competitiveness by securing core technologies and talent through active investment.
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