This is an amended filing
Dong-Ah Geological Engineering Company LTD. Siheung–Ansan power tunnel supply contract amended: KRW 60.5 billion, end date July 24, 2027
DAI summary · Not investment advice
Dong-A Geological Engineering corrected its contract with Kolon Global for power conduit construction to KRW 60.5 billion, with the end date changed to July 24, 2027.
Contract amount
KRW 60.5 billion
Key facts
- Contract details
- Earthwork, structure work, boring and temporary facility work in the Siheung–Ansan power supply tunnel construction (Gwangseok branch)
- Recent revenue
- KRW 289.5 billion
- % of revenue
- 20.9%
- Counterparty
- Kolon Global Corporation
- Supply region
- Seonbu-dong area, Danwon-gu, Ansan
- Contract period
- Aug 4, 2022 – Jul 24, 2027
- Payment terms
- Down payment/advance payment: yesDown payment/advance payment included
- Contract date
- Aug 4, 2022
Commentary
AI commentary · Not investment advice
What happened
Dong-A Geological Engineering corrected its contract with Kolon Global for the Siheung-Ansan power supply facility utility tunnel work (Gwangseok branch). The scope covers earthwork, structural work, boring and temporary facility work in the Seonbu-dong area of Danwon-gu, Ansan. The corrected contract amount is KRW 60.5 billion, and the contract period ends on 2027.07.24. Payment terms include a down payment and advance payment.
In the company's terms
The amount equals 20.9% of the latest revenue of KRW 289.5 billion and 29.3% of market capitalization. This filing corrects the single sales/supply contract disclosure made on 2026.08.06. There have been 4 filings of this type in the past year, earlier ones dated 2026.08.06, 2026.04.09 and 2026.01.09. The gap from the previous filing of the same type is 88 days.
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