HJ Shipbuilding & Construction Wins KRW 104.4 Billion National Highway Project
MT Newswires Live
Aug 11
HJ Shipbuilding & Construction (KRX:097230) has won the Section 4 contract for the National Route 46 Namyangju-Chuncheon highway project, according to a bourse filing on Tuesday.
The total project value is approximately 174.0 billion won, with the company's 60% share amounting to 104.4 billion won.
The project involves extending 5.16 km of national road in Gapyeong-gun and Chuncheon-si, Gyeonggi-do, including the construction of six bridges.
The contract value represents 5.22% of the company's latest fiscal year sales of 1.999 trillion won.
The company noted that the details are subject to change during contract execution, with final terms to be disclosed upon signing the definitive agreement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.