Hyundai Engineering & Construction Amends Amiral Contract Amount Slightly - Insignificant Increase of 4.35 Billion KRW, Minimal Stock Impact

Hyundai Engineering & Construction amended its previous single sale and supply contract disclosure on July 10, 2026, slightly increasing the contract amount for the Saudi Amiral Project PKG 1 and 4 from 3.090 trillion KRW to 3.094 trillion KRW, an increase of approximately 4.35 billion KRW.
This amendment is a simple correction due to a change in the contract amount. The increase is only about 0.04% of the company's market cap, resulting in negligible financial impact.
The contract with Saudi SATORP is for construction work, and the total contract amount of 3.094 trillion KRW represents 14.57% of 2022 sales.
[AI Summary]The minor upward adjustment of the Amiral project contract amount is less than 0.04% of market capitalization, implying no material change in the existing contract terms or risk profile. It does not affect investment decisions.