Samsung SDS said on Wednesday it announced preliminary second-quarter revenue of 3.72 trillion won and operating profit of 231.8 billion won.
Revenue rose 5.9 percent from a year earlier and operating profit increased 0.7 percent. The company said IT services revenue rose 5 percent to 1.76 trillion won.
Cloud revenue, the largest part of the IT services business, rose 17 percent from a year earlier to 779.4 billion won. External business revenue in the cloud segment rose 75 percent.
In the cloud business, its CSP business grew 24 percent from a year earlier as demand for the Samsung Cloud Platform (SCP) increased and GPUaaS (GPU as a Service) services expanded in the public sector and external industries. Its MSP business rose 17 percent as AX projects in the financial sector and ERP projects in the shipbuilding sector increased.
The logistics business posted revenue of 1.96 trillion won, up 6.6 percent from a year earlier, as air forwarding and contract logistics focused on inland and warehousing increased and external business centered on Cello Square grew.
Samsung SDS said it is expanding strategic investment in digital assets and physical AI to secure future growth engines and find new business opportunities.
In May, it secured a 4 percent stake in Dunamu, South Korea's largest digital asset exchange, together with Samsung Securities and Samsung Card. It plans to actively identify new business opportunities in the digital asset infrastructure market based on this.
In June, it made a strategic investment in U.S. physical AI full-stack company Walden Robotics (월든 로보틱스) through Samsung Venture Investment. Starting with Walden Robotics, Samsung SDS plans to expand partnerships with global robotics companies and pursue a "robot orchestration" business that integrates and controls various robots and links them to manufacturing execution systems.
It also plans to continue investment to respond flexibly to rapidly rising demand for AI infrastructure. It plans to expand its existing 110 MW AI infrastructure to 230 MW by 2029 and to more than 800 MW in 2031, including the DBO business, to continue strengthening AI infrastructure competitiveness.