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[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract / 2024-08-23

Posted on August 23, 2024August 9, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

This filing discloses Hanwha Ocean’s contract win valued at KRW 460.2B to construct one military support ship for the Defense Acquisition Program Administration (DAPA).

📊 [Key Disclosure Highlights & Summary]

  • Filing Type: Sales and Supply Contract
  • Contract Classification: Construction Contract
  • Contract Title: 1 Military Support Ship
  • Contract Amount: KRW 460,200,000,000 (Rounded to the nearest hundred million KRW)
  • Recent Annual Revenue: KRW 7,408,300,000,000 (Based on FY2023 consolidated financial statements; rounded to the nearest hundred million KRW)
  • Contract-to-Revenue Ratio: 6.2%
  • Counterparty: Defense Acquisition Program Administration (DAPA) (Relationship: None)
  • Supply Region: Domestic (South Korea)
  • Contract Period: August 23, 2024 – December 31, 2028
  • Order Date: August 23, 2024
  • Disclosure Deferral Details: None
  • Other Material Notes: Contract period and final settlement amount are subject to change during construction.
  • Related Disclosures: July 26, 2024 – Matters Related to Obligations of Timely Disclosure (Fair Disclosure)

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

📌 Contract Execution and Monitoring Further Adjustments

This filing represents a new naval vessel order from DAPA, making it essential to monitor whether construction proceeds as scheduled over the contract period (August 23, 2024 – December 31, 2028) and whether any future amendments occur regarding the contract period or final settlement amount. Verification of these factors is necessary to check the operational progress of the contract and any subsequent adjustments to contract terms. Relevant updates can be verified through future regular financial reports (Quarterly, Semi-Annual, or Annual Business Reports) or subsequent official public disclosures.

📢 Disclaimer & Source Notice

Source: This content was newly structured based on official data submitted to the Financial Supervisory Service’s DART system.

Investment Risk Warning: 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 responsibilities rest solely with the investor.

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

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