ShinwonConstruction Increases Contract with KT&G for Dormitory Construction to 21.3B KRW (8.22% of Sales) - Order Growth Boosts Earnings Outlook
Revised the contract amount for the KT&G Daejeon factory dormitory construction from 19.87B KRW to 21.35B KRW, an increase of 21.3% (from 7.65% to 8.22% of sales)
Contract period from May 14, 2025 to January 8, 2027, with progress payments (60 days)
The contract is to be executed through outsourcing rather than in-house production; amount and schedule may change
This order represents 8.22% of ShinwonConstruction's 2024 individual sales (approx. 259.8B KRW), positively impacting earnings
[AI Summary]The increase in the contract amount for the KT&G dormitory construction is positive for revenue growth, but investment risks include margin variability from outsourcing and potential schedule delays
KOSDAQ Filing Information
Filing: [Correction Of Description] Conclusion Of Single Sales And Supply Agreement (Voluntary Disclosure)