KRW 1.0782 Trillion Order for 6 VLACs - Contract Signed with European Shipowner
Subsidiary HD Hyundai Samho signed a contract with a European shipowner to build 6 VLACs worth KRW 1.0782 trillion.
The contract period is from May 20, 2026 to December 20, 2029, with advance payment and progress-based collections.
The contract amount represents 13.36% of HD Hyundai Samho's 2025 individual revenue (KRW 8.0714 trillion).
HD Hyundai Samho is a key subsidiary accounting for 12.66% of HD Korea Shipbuilding & Offshore Engineering's total assets, and this order increases the parent's order backlog.
KOSPI Filing Information
Conclusion of Single Sales/Supply Contract (Major Management Matters of Subsidiary)
Company: HD Korea Shipbuilding & Offshore Engineering (009540)
Submission: HD Korea Shipbuilding & Offshore Engineering Co., Ltd.