HL D&I Selected as Winning Bidder for 155.08 Billion KRW Highway Construction Project, Boosting Revenue Outlook
HL D&I has been selected as the winning bidder for Construction Section 1 of the Jecheon-Yeongwol Expressway, ordered by the Korea Expressway Corporation.
The expected construction cost for HL D&I's portion is 155.08 billion KRW excluding VAT, representing approximately 8.9% of its consolidated sales of 1.7419 trillion KRW as of end-2025.
The total project cost is 206.77 billion KRW with HL D&I's stake at 75%.
This large national infrastructure project is expected to provide a stable revenue base and positively impact short-term earnings.
[AI Summary]HL D&I secured a 155.08 billion KRW highway project from Korea Expressway Corporation, reinforcing its revenue growth. The new order is positive for profitability and signals a favorable outlook for the stock.
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