DL Subsidiary DL E&C Selected as Preferred Bidder for Mok-dong 6th District Reconstruction Worth 1.29 Trillion KRW... Major Project Win Boosts Revenue Outlook
DL's subsidiary DL E&C has been selected as the preferred bidder for the Mok-dong 6th district apartment reconstruction project in Yangcheon-gu, Seoul.
The estimated construction cost is approximately 1.2868 trillion KRW (excluding VAT), which accounts for 17.38% of the consolidated revenue of 7.4024 trillion KRW as of end-2025, marking a major project.
The project involves building 2,184 households in a complex ranging from 3 basement floors to 49 stories above ground, along with ancillary facilities. Finalizing the contract is expected to boost performance.
At this stage, only preferred bidder status has been granted; further details will be disclosed upon final contractor selection and contract signing, with potential changes depending on project progress.
[AI Comprehensive Analysis]This selection as preferred bidder is a positive signal for DL Group's construction segment, enhancing the likelihood of securing a large-scale project and supporting mid- to long-term revenue growth. However, as the final contract is pending, investors should consider inherent uncertainties.
KOSPI Filing Information
Filing: Major Management Matters Related to Investment Decision (Major Management Matters of Subsidiary)