Dong-Ah Geological Engineering Extends Busan-Masan Railway Tunnel Contract by 6 Months, No Financial Impact

Dong-Ah Geological Engineering filed a correction disclosure extending the end date of the Shield TBM tunnel construction contract for the Busan-Masan double-track railway private investment project Section 2 with SK Ecoplant from June 30, 2026 to December 31, 2026.
The contract amount remains unchanged at KRW 102.6 billion, representing 33.6% of 2014 consolidated revenue. The extension reflects an adjustment in the construction schedule.
This amendment is an administrative adjustment to the order contract and has no material impact on corporate or shareholder value.
[AI Summary]The extension of the tunnel contract period for Dong-Ah Geological Engineering is a schedule adjustment due to project delays with no changes in contract size or terms, resulting in a neutral financial impact. It poses no additional risk factor from an investor perspective.