HD Hyundai Subsidiary HD Hyundai Samho Secures 346.6 Billion KRW Order for Two LPGCs from European Shipowner, Supporting Stable Revenue
HD Hyundai subsidiary HD Hyundai Samho has signed a contract with a European shipowner to build two LPGCs worth 346.6 billion KRW.
The contract value represents 4.29% of HD Hyundai Samho's 2025 individual revenue of 8.0714 trillion KRW, strengthening the shipbuilder's stable earnings base.
The contract period runs from April 2026 to April 2029, and includes advance payments, positively impacting cash flow.
There are no capital changes or treasury stock transactions, so no dilution concerns for existing shareholders.
[AI Summary]This LPGC order for HD Hyundai Samho from a European owner secures additional revenue amid a favorable shipbuilding cycle, and while neutral to shareholder value, it bolsters operational stability.
KOSPI Filing Information
Conclusion of Single Sales/Supply Contract (Major Management Matters of Subsidiary)