HS Hwasung secures Daegu Metro Line 4 Section 2 contract worth 42.7 billion won, bolstering future revenue
HS Hwasung has signed a contract with Daegu Transportation Corporation for the construction of Daegu Metro Line 4 Exco Line Section 2.
The contract amount is 42,716,100,000 won, representing 9.83% of the total 434,599,000,000 won project, and accounts for 6.5% of the company's 2025 consolidated revenue.
The contract period runs from August 1, 2025 to August 9, 2030, with payments based on progress billing.
This public infrastructure project is expected to generate stable revenue and positively impact future operating performance.
[AI Summary]HS Hwasung's 42.7 billion won metro construction contract with Daegu Transportation Corporation represents a stable order worth 6.5% of sales, strengthening future profitability. The public project counterparty carries high creditworthiness with low risk, securing medium to long-term revenue base through a long-term contract.