+ Samsung Cloud Platform achieved KRW 665.2 billion in revenue for the cloud business, marking a 20% YOY growth, driven by a public cloud business expansion.
+ Attracted over 21,900 subscribers to Cello Square, a digital logistics platform, up 48% YOY
Samsung SDS unveiled its preliminary financial results for the second quarter of 2025, posting a revenue of KRW 3.5120 trillion and an operating profit of KRW 230.2 billion. Compared to the same period last year, the company’s revenue and operating profit both rose by 4.2%.
Revenue from the IT service sector was KRW 1.6784 trillion, up 5.8% from the same period last year. Revenue from the cloud business grew approximately 20%, recording KRW 665.2 billion.
Among the cloud businesses, the Samsung Cloud Platform (SCP)-based Cloud Service Provider (CSP) business witnessed a 26% growth YOY. This was thanks to increases in the high-performance computing (HPC) services, the expansion of the cloud network services, and the ramping up of the public cloud business.
The managed service provider (MSP) business grew 20% YOY. This was driven by the expansion of cloud migration/implementation among public agencies, newly won generative AI service projects, and the expansion of global supply chain management (SCM) and customer relationship management (CRM) businesses.
Revenue from the logistics sector was KRW 1.8336 trillion, up approximately 3% from the same period last year. This growth was driven by the acquisition of new customers for warehouse logistics, despite decreased cargo volumes due to early shipments in the first quarter before the enforcement of U.S. tariff policies.
Cello Square, a digital logistics platform, recorded revenues of KRW 270.1 billion. The number of subscribers to Cello Square exceeded 21,900 companies, up 48% YOY.
Amid ongoing economic uncertainty, Samsung SDS will continue to reinforce its competitiveness and strive to secure growth potential.
For the cloud and generative AI service businesses, Samsung SDS plans to expand its external business with a focus on the financial and public sectors. Regarding the digital logistics business, the company will actively win new external projects while reinforcing its strategic partnership with transport service providers, such as ocean carriers and air carriers.
