HS Hwasung Corrects Contract End Date for Central Line Railway Project, Under Negotiation with Client No Financial Impact
HS Hwasung submitted a correction disclosure regarding the end date of the contract for the Central Line Yeongcheon-Sin Gyeongju double-track railway construction.
The reason for correction is a change in the contract period end date, which was previously set to June 30, 2026, but is now under negotiation with the client, Korea National Railway.
The contract amount of 46,079,913,400 KRW and other conditions remain unchanged, representing about 11% of the company's revenue.
This correction is an administrative adjustment with no impact on shareholder value or capital structure.
[AI Summary]This amendment solely adjusts the contract end date for a long-term railway project with no change in contract amount or terms, resulting in zero financial impact. There is no new financing or dilution, making it neutral for shareholders.
KOSPI Filing Information
[Correction of Description] Conclusion of Single Sale and Supply Contract