HJ Shipbuilding & Construction Increases Iksan Reconstruction Contract by 20% to KRW 187.3 Billion

HJ Shipbuilding & Construction amended its construction contract for the Iksan Yeongdeung Jugong 1st District Housing Reconstruction Project, increasing the contract value by 20.18% from KRW 155.8 billion to KRW 187.3 billion.
The contract period was extended from 32 months to 39 months under the revised agreement.
The contract amount excludes VAT and represents 100% of the company's share.
[AI Summary]This contract value increase is expected to positively impact HJ Shipbuilding & Construction's order backlog and revenue stability, with no capital changes or dilution concerns.