DL E&C Selected as Contractor for Mokdong 6th Complex Reconstruction, KRW 1.2868 Trillion Project 17.38% of Sales
DL E&C has been selected as the construction contractor for the Mokdong 6th Complex Apartment Reconstruction Project. The estimated construction cost is KRW 1.2868 trillion, representing 17.38% of its consolidated revenue of KRW 7.4024 trillion as of end-2025.
The project includes 2,184 households of apartment buildings from basement 3 to 49 floors and ancillary facilities. The board resolved on June 29, 2026.
The final contract has not been signed yet; details will be disclosed upon finalization. This selection does not involve any capital raising or equity dilution.
[AI Summary]DL E&C secured a large-scale reconstruction project that will contribute to future revenue growth, but uncertainty remains until the final contract is signed. The impact on stock price is expected to be mildly positive.
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