50DN Wells Fargo 24

RNS Number:2935N
Samsung Heavy Industries Co., Ltd
05 February 2008

 Subject : FY 2007 Earnings Release



 On February 05 2008, the Board of Directors of Samsung Heavy Industries
authorized the Financial Statements.



1.       Income Statement
 (Billion KRW)                       FY2007               FY2006          Year-on-Year (%)

 Sales                              8,519.1              6,351.7           2,167.4 (34.1)
 Operating Income                     457.2                 99              358.2 (361.8)
 Ordinary Income                      654.6                212.5           442.1 (208.0)
 Net Income                           485.4                 154.1           331.3(215.0)





2.       Balance Sheet
 (Billion KRW)                                              FY2007                  FY2006
 Total Assets                                              10,560.6                 8,989.2
 Total Liabilities                                          8,750.7                 6,767.0
 Total Shareholders Equity (a)                              1,809.9                 2,222.2
 Paid-in-Capital (b)                                        1,154.9                 1,154.9
 Total Shareholders Equity                                  156.7%                  192.4%

 to Paid-in-Capital (a/b)



3.       Others

- The above figure may be subject to change depending on the audit results of

outside audit firm and/or the approval of the General Meeting of Shareholders.



.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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