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[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract / 2025-07-29

Posted on July 29, 2025August 8, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

This filing discloses that Hanwha Ocean signed a construction contract for one next-generation icebreaking research vessel worth approximately KRW 279.4B with the Korea Polar Research Institute.

📊 Key Filing Details & Key Figures Summary

1. Key Contract Details

  • Contract Type: Construction Contract
  • Contract Title: 1 Next-Generation Icebreaking Research Vessel
  • Contract Amount: KRW 279,400,000,000 (Includes Value-Added Tax)
  • Recent Revenue: KRW 10,776,000,000,000 (Based on consolidated financial statements as of year-end 2024)
  • Ratio to Recent Revenue: 2.6%
  • Large Corporation Status: Applicable

2. Counterparty & Terms

  • Counterparty: Korea Polar Research Institute (Relationship: None)
  • Sales/Supply Region: South Korea
  • Contract Period: July 29, 2025 ~ June 7, 2029
  • Key Terms: Down payment/Advance payment included; Payments collected according to construction progress
  • Contract Date: July 29, 2025

3. Other Key Reference Information

  • Contract amount and recent revenue figures are rounded at the 100-million KRW level
  • Contract period and final settlement amount are subject to change during the construction process

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Payment Collection Based on Construction Progress and Potential Contract Term Adjustments

This disclosure reports a construction contract for one next-generation icebreaking research vessel with the Korea Polar Research Institute. Monitoring whether payments are collected according to construction progress throughout the agreed contract period (July 29, 2025 to June 7, 2029), as well as tracking any potential changes to the contract period or final settlement amount, is important for determining whether the contract is executed as planned. Relevant contract execution details and subsequent modifications can be reviewed in upcoming Quarterly Reports, Half-Year Reports, Annual Reports, or subsequent disclosures.

📢 Disclaimer & Source Information

Source: This content was structured and newly written based on officially submitted data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).

Investment Disclaimer: This content is provided for informational and linguistic reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial liabilities rest entirely with the investor.

Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.

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