Correction of Payment Terms for Single Sale/Supply Contract, Total Amount Unchanged at 11.64B KRW
Correction of payment terms for a single sale/supply contract for energy industry deposition equipment, agreed with customer.
Total contract amount unchanged at 11.64B KRW (USD 8.3M), representing 10.31% of 2024 consolidated revenue.
Payment terms changed: delivery portion reduced from 30% to 15%, installation/inspection portion increased from 10% to 25%, affecting cash flow timing.
Counterparty undisclosed due to confidentiality, contract period Sep 30, 2025 to Jul 31, 2027.
[AI Summary]This correction is a routine adjustment of payment milestones without altering total revenue or profitability, neutral for shareholders but may slightly delay cash inflows.
KOSDAQ Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract