SG's Ascon Supply Contract with Public Procurement Service Increased to 81 billion won, Strengthening Revenue Stability

SG's fixed contract amount for ascon supply with the Public Procurement Service increased from 75.6 billion won to 81.1 billion won, reflecting an extension and volume increase.
The counterparty, the Public Procurement Service, is a government agency with low credit risk, and the contract amount of 81.1 billion won represents 90.21% of 2022 revenue, positively impacting SG's revenue stability.
This contract is an operating contract with no capital changes or dilution, thus no direct impact on shareholder value.
[AI Summary]The increase in SG's ascon supply contract with the Public Procurement Service strengthens revenue stability, but the high concentration on a single client at 90% of revenue poses a risk. It is expected to contribute to profitability without capital changes.