Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Ocean signed a KRW 294B contract with its affiliate, Hanwha Aerospace, for the construction of an MCS Plant.
📊 [Key Disclosure Details & Summary of Key Figures]
- Disclosure Type: Signing of Single Sales/Supply Contract
- Contract Name: MCS Plant Construction Project
- Contract Amount: KRW 294.0B (KRW 294,000,000,000)
- Ratio to Recent Sales: 4.0% (Based on 2023 consolidated sales of KRW 7.4083T)
- Contracting Party: Hanwha Aerospace Co., Ltd. (Relationship: Affiliate)
- Sales/Supply Region: Naebuk-myeon, Boeun-gun, Chungcheongbuk-do, Korea
- Contract Period: February 25, 2025 ~ December 31, 2026
- Contract Date: February 25, 2025
- Key Contract Terms:
- Down payment / Advance payment included (10% of contract amount within 10 days of signing)
- Progress payment: Billed monthly based on completion rate and collected the following month
- Other Key Details: The contract period and final settlement amount are subject to change during the construction process.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verifying Progress Payments and Financial Statement Reflection
This filing serves as official confirmation of a major plant construction contract signed with an affiliate. As payment is structured around monthly progress-based billings, tracking whether construction proceeds according to schedule and how revenue and cash flows are recognized is important to understanding the financial impact of this transaction. Related updates can be verified in upcoming Annual, Quarterly, and Half-Year Reports under financial statements and related-party transaction disclosures.
📢 Disclaimer & Source Notice
Source: This content was newly structured and generated based on official filings submitted to the Financial Supervisory Service’s DART system.
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