WONILTNI Signs 11.3 Billion KRW Hydrogen Extraction Equipment Supply Contract with Korea Gas Technology Corporation, Representing 38.15% of Annual Sales
WONILTNI has signed a 11.3 billion KRW contract with Korea Gas Technology Corporation for the manufacture and installation of hydrogen extraction and utility equipment. This large order represents 38.15% of its 2025 individual sales of 29.6 billion KRW.
The contract period runs from June 22, 2026 to June 30, 2027, with payments structured as 30% advance, 40% upon factory inspection, 20% upon commissioning and KGS certification, and 10% upon performance testing completion.
The counterparty, Korea Gas Technology Corporation, is a public enterprise with 2025 sales of 381.3 billion KRW, ensuring high creditworthiness and transaction stability.
[AI Summary]WONILTNI secures a stable revenue base through this contract, with growth potential from increasing hydrogen equipment orders. This large order may positively impact the stock price, but execution risks and future order momentum remain key.