BHI filed a correction disclosure extending the end date of its LNG combined cycle power plant supply contract with POSCO E&C from April 30, 2029 to September 30, 2030, an extension of about 1 year and 5 months.
The contract amount remains unchanged at KRW 42 billion (excluding VAT), representing 10.4% of 2024 consolidated revenue of KRW 404.7 billion.
Terms include an advance payment of approximately KRW 18.3 billion (including VAT) expected to be received in January 2026, with payment due within 60 days after tax invoice issuance.
[AI Comprehensive Analysis]This is a simple contract period extension with no material change in revenue or profitability. While it indicates stable order backlog, the impact on stock price is limited.
KOSDAQ Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract