Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Ocean has signed a contract with an African shipowner for the construction of three Very Large Ammonia Carriers (VLACs) valued at approximately KRW 507.4B, representing 4.0% of its recent annual revenue.
📊 [Key Disclosure Details & Financial Figures]
- Contract Title: 3 VLACs
- Contract Type: Construction Order
- Contract Amount: KRW 507,400,000,000 (Approx. KRW 507.4B)
- Recent Annual Revenue: KRW 12,783,500,000,000 (Based on end-2025 consolidated financial statements, rounded to nearest 100M KRW)
- Ratio to Revenue: 4.0%
- Counterparty: African Shipowner
- Location: Africa
- Contract Period: April 30, 2026 ~ January 15, 2030
- Key Conditions:
- Down Payment / Advance Payment: Yes
- Payment Terms: Collection based on construction progress
- Contract (Order) Date: April 30, 2026
- Other Remarks:
- Contract amount calculated using the standard exchange rate on April 30, 2026 (1 USD = 1,476.10 KRW)
- Contract period and final settlement amount are subject to change during construction
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Construction Progress and Potential Adjustments to Contract Terms
Checking subsequent construction progress and periodic filings is important because it allows investors to track potential adjustments to the contract period or final settlement amount during the construction process. Investors can verify further details through subsequent correction disclosures and periodic reports (Quarterly, Half-Yearly, and Annual Reports).
📢 Disclaimer and Source Notice
Source: This content was structured and newly generated based on official submission data from the Financial Supervisory Service DART system.
Investment Risk Warning: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any security. All investment decisions and financial liabilities rest entirely with the individual investor.
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