GS E&C Selected as Contractor for 504.3B KRW Suji District Reconstruction Project, Securing Stable Order Backlog

GS E&C has been selected as the constructor for the 'Suji District 1 (Suji Samsung 4th) Reconstruction Project' in Pungdeokcheon-dong, Suji-gu, Yongin-si (Selection date: 2026.5.30)
The estimated construction cost is approximately 504.3B KRW (excl. VAT), equivalent to 4.05% of the company's 2025 consolidated revenue, involving 1,210 apartment units (B4~29F, 11 buildings) and ancillary facilities
Construction period is 47 months from the actual commencement date, and further details will be disclosed upon signing the final contract
[AI Summary]This order is positive as it secures a stable revenue base in GS E&C's key housing construction sector, with the project size representing about 4% of revenue, likely contributing meaningfully to profitability. However, given the nature of reconstruction projects, schedule and sales risks exist, so future contract terms and progress should be monitored.