Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Ocean has entered into an EPC contract worth approximately KRW 527.9B with its affiliate, Yeosu Eco Energy Co., Ltd., for the Yeosu Eco Energy LNG Cogeneration Project (490MW), representing 4.1% of its recent annual revenue.
📊 [Key Disclosure Details & Financial Figures]
- Contract Title: Yeosu Eco Energy LNG Cogeneration Project (490MW) EPC Contract
- Contract Type: Construction Order
- Contract Amount: KRW 527,900,000,000 (Approx. KRW 527.9B)
- Recent Annual Revenue: KRW 12,783,500,000,000 (Based on end-2025 consolidated financial statements, rounded to nearest 100M KRW)
- Ratio to Revenue: 4.1%
- Counterparty: Yeosu Eco Energy Co., Ltd. (Affiliate)
- Location: Sandanjungang-ro, Yeosu-si, Jeollanam-do
- Contract Period: August 3, 2026 ~ August 31, 2029
- Key Conditions: Down payment/advance payment included; collection based on construction progress
- Contract (Order) Date: August 3, 2026
- Other Remarks: 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 Period and Final Amount
This disclosure reports the receipt of an EPC construction order valued at approximately KRW 527.9B from affiliate Yeosu Eco Energy Co., Ltd. Because the agreement states that the contract period and final settlement amount are subject to change during execution, tracking actual construction progress and any subsequent adjustments to contract terms is essential. Investors can verify further developments through subsequent disclosures as well as 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.
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