This is an amended filing
HJ SHIPBUILDING & CONSTRUCTION CO.,LTD Sinbundang Line Gwanggyo-Homaesil construction contract raised to KRW 225.2 billion
HAI summary · Not investment advice
The contract for Section 1 of the Sinbundang Line Gwanggyo-Homaesil railway, signed in 2024, was raised from KRW 197.6 billion to KRW 225.2 billion.
Contract amount
KRW 225.2 billion
Up from KRW 197.6 billion before the correction; 10.42% of recent revenue
Key facts
- Contract details
- Construction of Section 1 of the Sinbundang Line Gwanggyo-Homaesil double-track railway (turnkey)Construction order
- Recent revenue
- KRW 2.2 trillion2023 consolidated
- % of revenue
- 10.42%Changed from 9.14%
- Counterparty
- The state railway agency
- Contract period
- Apr 30, 2024 – Mar 30, 2029Actual construction period
- Contract date
- Apr 30, 2024
- Supply region
- Parts of Yeongtong, Paldal and Jangan districts, Suwon, Gyeonggi Province
Commentary
AI commentary · Not investment advice
What happened
HJ SHIPBUILDING & CONSTRUCTION CO.,LTD corrected its 2024 filing on the Section 1 construction contract for the Sinbundang Line Gwanggyo-Homaesil double-track railway after signing an amended contract with the state railway agency. The contract amount rose from KRW 197.6 billion to KRW 225.2 billion. The company's share of the project grew from 45% to 53%, and the amount reflects that share. The route runs through parts of Suwon and covers 4,190m of double track, including tunnels and one underground station. The company said the schedule and amount may change under the contract terms.
In the company's terms
The new amount equals 10.42% of recent revenue (KRW 2.2 trillion, 2023 consolidated), up from 9.14% before the correction. The contract period runs from 2024.04.30 to 2029.03.30.
Earlier Single Sales/Supply Contract filings from this company
| Filed | Counterparty | Contract amount | % of revenue |
|---|---|---|---|
| 26.10.272026.10.27 | Beondong 3-1 District Street Housing Redevelopment Association | KRW 144.0 billion | 7.20% |
| 26.09.222026.09.22 | Korea Electric Power Corporation | KRW 89.5 billion | 5.01% |
Show Korean comments
Comments
No comments yet
Comments from shareholders will appear here.
Get the next disclosure as an app alert
Get app alerts for new disclosures and stake changes on your watchlist