SEONDO ELECTRIC CO.,LTD KRW 3.7 billion eco-friendly switchgear supply contract for Seomyeon substation
SAI summary · Not investment advice
SEONDO ELECTRIC CO.,LTD signed a KRW 3.7 billion contract to supply 25.8kV eco-friendly switchgear to a state power utility, equal to 9.61% of recent revenue.
Contract amount
KRW 3.7 billion
9.61% of recent revenue · excluding VAT
Key facts
- Contract details
- 25.8kV eco-friendly switchgear (MAIN) 4BAY and 5 other items for Seomyeon substationOther sales and supply contract
- Recent revenue
- KRW 38.2 billion2025 consolidated
- % of revenue
- 9.61%
- Counterparty
- A state power utility
- Supply region
- Busanjin-gu, Busan
- Contract period
- Oct 7, 2026 – Apr 5, 2027
- Contract date
- Oct 7, 2026
- Payment terms
- No down payment or advance
Commentary
AI commentary · Not investment advice
What happened
Seondo Electric signed a contract to supply eco-friendly switchgear to a state power utility. The order covers 25.8kV eco-friendly switchgear 4BAY and five other items for the Seomyeon substation in Busanjin-gu, Busan. The contract is worth KRW 3.7 billion, excluding VAT. There is no down payment or advance.
In the company's terms
The amount equals 9.61% of recent revenue (KRW 38.2 billion, 2025 consolidated). The company said the amount and period may change as the contract proceeds.
Earlier Single Sales/Supply Contract filings from this company
| Filed | Counterparty | Contract amount | % of revenue |
|---|---|---|---|
| 26.11.022026.11.02 | Korea Rail Network Authority | KRW 6.3 billion | 16.61% |
| 26.10.262026.10.26 | KEPCO | KRW 2.4 billion | 6.21% |
| 26.10.012026.10.01 | Korea's national rail authority | KRW 4.4 billion | 11.40% |
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