HD-Hyundai Marine Engine signed a ship engine supply contract with DAEHAN SHIPBUILDING worth approximately 40.9 billion KRW, representing 10.2% of last year's consolidated revenue.
The contract period runs from April 2026 to June 2028 with payment terms of 20% advance, 20% progress payment, and 60% balance, ensuring stable cash flow.
As a domestic order amid growing engine demand, this contract expands the revenue base and signals a positive outlook for the stock.
[AI Summary]This contract exceeds 10% of annual revenue, supporting near-term earnings and long-term growth through increased order backlog. The absence of financing or dilution concerns adds to the positive impact.
KOSPI Filing Information
Filing: Conclusion of a Single Sales and Supply Contract