Minor Downward Revision of Single Sales/Supply Contract Amount from 23.4B to 23.18B KRW, Still Accounting for 12.65% of Revenue
WooYang HC corrected its single sales/supply contract disclosure filed on March 16, 2026, reducing the total contract amount from 23,400,291,601 KRW to 23,182,788,224 KRW, a decrease of approximately 217 million KRW
The revision reflects a change agreement signed on June 2, 2026, which reduced the amount for certain equipment and added spare parts (gaskets), setting the total contract amount at USD 16,810,085
The counterparty is Technip Energies France Qatar Branch, for supply of COLUMNS (SS&CLAD) in Qatar; the contract amount represents 12.65% of 2024 revenue (183.2 billion KRW)
Although the contract terms changed, the proportion relative to total revenue remains significant, limiting the negative impact on shareholder value
[AI Summary]This minor downward revision is a routine correction of contract details, unlikely to materially affect enterprise value or stock price. It is neither a clear positive nor negative catalyst, but investors should monitor potential further contract adjustments
KOSDAQ Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract