Samsung SDS reported that its second-quarter revenue reached 3.512 trillion won and operating profit was 230.2 billion won, marking increases of 4.2% compared to the same period last year, as of the 24th.
Revenue in the IT services institutional sector was recorded at 1.6784 trillion won, an increase of 5.8% compared to the same period last year, while cloud business revenue grew by approximately 20% to reach 665.2 billion won.
In the cloud business, revenue from the cloud service provider (CSP) business based on the Samsung Cloud Platform (SCP) grew by 26% compared to the same period last year, driven by an increase in high-performance computing (HPC) services, expansion of cloud network services, and the full-scale launch of public cloud services.
The managed service provider (MSP) business grew by 20% compared to the same period last year, bolstered by the expansion of cloud transitions and implementations in public institutions, contracts for generative artificial intelligence (AI) services, and the growth of global supply chain management (SCM) and customer relationship management (CRM) businesses.
In the logistics institutional sector, although cargo volume decreased due to early shipments in the first quarter influenced by U.S. tariff policies, new customers were acquired in warehouse logistics, leading to an approximately 3% increase in revenue to 1.8336 trillion won compared to the same period last year.
The revenue of the digital logistics platform Cello Square reached 270.1 billion won, with the number of registered customers exceeding 21,900, reflecting a 48% increase compared to the second quarter of last year.
Meanwhile, amid ongoing uncertain economic conditions, Samsung SDS plans to continue its efforts to strengthen competitiveness and secure growth.
Samsung SDS noted, "We plan to expand our external business in the cloud and generative AI service sectors, focusing on the finance and public sectors," adding, "In the digital logistics business, we will actively procure new external projects while strengthening strategic partnerships with players such as shipping companies and airlines."