WOOYANG HC CO.,LTD. KRW 14.1 billion column supply contract for Qatar NFW project
AI summary · Not investment advice
WOOYANG HC CO.,LTD. signed a KRW 14.1 billion contract to supply columns to TECHNIP ENERGIES FRANCE QATAR BRANCH (13.95% of recent revenue).
Contract amount
KRW 14.1 billion
13.95% of recent revenue · USD 10,505,100 at KRW 1,339.20 per USD
Key facts
- Contract details
- Supply of COLUMNS (SS&CLAD)One of two main contracts for the Qatar NFW project · includes USD 355,100 that was optional at the award
- Recent revenue
- KRW 100.9 billion2025 separate basis
- % of revenue
- 13.95%
- Counterparty
- TECHNIP ENERGIES FRANCE QATAR BRANCHSimilar contracts in the past three years
- Supply region
- Qatar
- Contract period
- Oct 8, 2026 – Jan 20, 2028End date is the final delivery date
- Contract date
- Oct 8, 2026
- Payment terms
- 30% advance / 65% interim / 5% finalAdvance payment included
Commentary
AI commentary · Not investment advice
What happened
WOOYANG HC CO.,LTD. signed a contract to supply columns (tower-shaped process equipment), for the Qatar NFW project. The customer is TECHNIP ENERGIES FRANCE QATAR BRANCH. The contract is worth USD 10,505,100, or KRW 14.1 billion at KRW 1,339.20 per USD. An optional item of USD 355,100 from the April award is now included. This is the second of two main contracts for the project. The other was disclosed on September 30.
In the company's terms
The amount equals 13.95% of recent revenue (KRW 100.9 billion, 2025 separate basis). The company has done similar contracts with this customer in the past three years.
What changes for shareholders
The company receives 30% upfront as an advance, 65% as an interim payment and 5% at the end. Final delivery is due in January 2028. The company said the amount and period may change as work progresses.
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