Daewoo E&C Wins 383.7B KRW Contract for 3rd Pangyo Techno Valley... 4.76% of Sales, Steady Growth Expected
Contract Overview: Daewoo E&C wins construction contract for the 3rd Pangyo Techno Valley from Gyeonggi Housing & Urban Development Corporation, contract amount approximately 383.7B KRW (Daewoo's 27% share).
Financial Impact: Equivalent to 4.76% of 2025 consolidated sales (approx. 8.05T KRW), expected to contribute to mid-to-long-term revenue.
Contract Terms: No advance payment; progress payments from sales revenue; contract period from May 28, 2026 to October 31, 2031.
AI Comprehensive Analysis: This contract win demonstrates Daewoo E&C's stable construction portfolio, positive for short-term stock price but limited upside due to moderate size.
KOSPI Filing Information
Filing: Conclusion of a Single Sales and Supply Contract
Company: Daewoo Engineering & Construction (047040)
Submission: Daewoo Engineering & Construction Co., Ltd.