Samsung SDS on Wednesday announced preliminary third-quarter results and said it posted sales of 3.77 trillion won and operating profit of 241.0 billion won.

Sales rose 11.2 percent and operating profit gained 3.7 percent from a year earlier.

The company said its external cloud business and air and ocean logistics business led the growth. Revenue from the IT services business rose 5.3 percent from a year earlier to 1.68 trillion won.

Cloud business revenue rose 18 percent from a year earlier to 796.1 billion won, supported by expansion of its AX business.

Within the cloud business, CSP business grew 15 percent from a year earlier as demand for the Samsung Cloud Platform (SCP) rose along with supplies of GPUaaS (GPU as a Service) to the public sector and the software industry, the company said.

MSP business rose 25 percent from a year earlier as AX projects in finance and ERP projects in shipbuilding expanded, along with the introduction of global AI services, it added. The logistics business posted sales of 2.09 trillion won, up 16 percent from a year earlier, as air and ocean logistics volumes and freight rates rose.

Samsung SDS is focusing on delivering results in its enterprise AX business based on its "Multi-Dimensional AI Full-Stack" strategy.

In AI infrastructure, the company said it was selected as the preferred bidder for a large DBO (Design-Build-Operate) project of more than 200 MW being pursued by Pacific Asset Management.

In AX and AI services, it expanded AX projects in finance after winning an "AI and data platform 구축" project and being selected as the preferred bidder for AI platform 구축 projects for an insurer and a financial holding company.

In AI platform and solutions, the company said it secured 330,000 cumulative users in the public sector, including recently winning a project with the National Police Agency, with its AI collaboration solution Brity Works.

Its security business is also in focus. Samsung SDS said it was selected as a pilot partner for OpenAI's Daybreak Partner Program, and joined Google's Fairwind and Anthropic's Cyber Verification Program, strengthening and highlighting cyber security partnerships with global AI companies.