Tongyang Securities analyst Chung Sang-hyup said, "[Samsung Engineering] won a thermal combined cycle power plant project from Saudi Arabia's Aramco at US$480 million. Within September, it will sign a $600-million LNG plant construction contract in the United Arab Emirates and a $700-million gas plant project in Malaysia without difficulty." If the company lands the $2-billion deal in Oman to build a refinery currently under competitive bidding, its 2013 order amount would be up to 9 trillion won. Right now, according to Chung's reckoning, the company has a confirmed booking amount of 4 trillion won.

 

"The performance of Samsung Engineering will improve from the third quarter. The company expects it will have made more than a 100-billion-won operating profit during the third quarter," the Tongyang analyst added.