Korea Electric Power Industrial Development Corrects Contract Amount to 41.6 Billion Won for Taean Coal Handling Facility Maintenance, Extends Period
The contract amount was revised up by approximately 2.29 billion won to 41.58 billion won, representing an 80% share of the total contract value of 51.97 billion won.
The contract end date was extended by six months from June 30, 2026 to December 31, 2026.
The counterparty is Korea Western Power, a highly credible entity, and this contract supports stable revenue generation for Korea Electric Power Industrial Development.
[AI Summary]The contract increase of 5.8% is modest and involves no capital structure changes, limiting the impact on the stock price. However, the long-term contract with a top-tier client bolsters business stability.
KOSPI Filing Information
[Correction Of Description] Conclusion Of Single Sales And Supply Agreement (Voluntary Disclosure)
Company: Korea Electronic Power Industrial Development (130660)
Submission: Korea Electronic Power Industrial Development Co., Ltd