DYPNF Confirms Large 189.5 Billion KRW Supply Contract with Lotte Engineering Plastics and Extends Contract Period
DYPNF amended the single sales and supply contract originally signed with Samppak LFT on December 13, 2023, changing the counterparty name to Lotte Engineering Plastics and extending the contract period to August 25, 2026.
The confirmed contract amount is 189.49 billion KRW, which is 167.5% of DYPNF's consolidated sales of 113.11 billion KRW in 2022, representing a major contract.
This contract involves the supply of PCS equipment and EPC for a compounding plant, and is expected to positively impact the company's future profitability.
[AI Summary]Despite the counterparty change to Lotte Engineering Plastics, DYPNF retains the large-scale supply contract and even extends the contract period, strengthening its long-term revenue base. This is a positive factor for the stock price.
KOSDAQ Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract