Shinsung E&G Wins KRW 21.4 Billion Construction Order from Samsung C&T for P5 Ph1 S/C Project - Expected to Contribute Steady Revenue Within Existing Business Scope

Shinsung E&G has signed a KRW 21.4 billion contract with Samsung C&T for the P5 Ph1 S/C construction project. This amounts to 3.77% of its 2025 consolidated revenue.
The contract period runs from July 15, 2026 to September 30, 2027, with monthly progress payments due within 60 days of acceptance.
Samsung C&T is a highly credible construction firm, minimizing counterparty risk and enabling stable revenue recognition.
[AI Summary]This contract award represents normal business operations within Shinsung E&G's existing scope, with limited direct impact on shareholder value. However, the partnership with a trusted entity like Samsung C&T could enhance future order prospects, benefiting long-term growth.