Plateer Signs 2.45 Billion KRW CPO DevOps Contract with Hyundai AutoEver, Securing 6.3% of Annual Revenue
Plateer has signed an additional CPO DevOps operation contract with Hyundai AutoEver worth 2.45 billion KRW, representing 6.3% of its 2025 consolidated revenue.
The counterparty Hyundai AutoEver is a subsidiary of Hyundai Motor Group, a highly credible major enterprise. The contract period is one year from January to December 2026, with payments split 50% in June, 25% in September, and 25% in December.
This follow-up contract strengthens Plateer's stable revenue base. There are no capital raising or dilution issues related to this contract.
[AI Summary]This additional contract from a key client demonstrates business stability and growth potential. The contract size of 6.3% of annual revenue is meaningful, and the strengthened relationship with a top-tier client expands future revenue foundations. The impact on stock price is expected to be neutral to positive.
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