Dongbu Corporation was selected as the successful bidder for Section 2 of the Jecheon-Yeongwol Expressway construction project ordered by Korea Expressway Corporation on June 17, 2026.
The contract amount is approximately 176.9 billion KRW, accounting for 10.06% of the company's 2025 consolidated revenue of 1.7586 trillion KRW, marking a major order.
With Korea Expressway Corporation, a state-run entity, as the client, credit risk is low and a stable revenue base is secured.
[AI Summary]This order is expected to contribute to profitability improvement through synergies with existing operations, and the financial burden from the large-scale project is limited. The contract with a reliable counterparty is likely to positively impact the stock price.
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