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WOOYANG HC CO.,LTD. KRW 14.1 billion column supply contract for Qatar NFW project

WOOYANG HC CO.,LTD.· Single Sales/Supply Contract

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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