Namkwang Engineering & Construction Increases Contract Amount for Goyang Public Housing Site Development to 47.9 Billion Won, Boosting Sales Contribution
Namkwang Engineering & Construction has amended its contract with Korea Land and Housing Corporation for the Goyang Public Housing Site Development Project, increasing the contract amount from 44.1 billion won to 47.9 billion won.
The contract ratio to sales has risen from 9.80% to 10.63%, improving the company's order backlog and revenue contribution.
The contract period runs from May 30, 2023 to September 29, 2028, with progress payments.
[AI Summary]The increase in contract amount indicates normal business progress and positively impacts future revenue stability.
KOSPI Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract
Company: Namkwang Engineering & Construction (001260)
Submission: Namkwang Engineering & Construction Co., Ltd.