Namkwang Engineering cuts contract value for Gangwon road project to 29,844,078,000 won

Bitget2026/09/30 00:57

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Namkwang Engineering corrected a previously disclosed construction contract for a road expansion project in Gangwon province due to a change order.
Contract value revised to KRW 29.84 billion from KRW 29.97 billion; equivalent to 18.99% of 2018 consolidated revenue.
Total project value adjusted to KRW 58.52 billion; Namkwang’s share remains 51%, VAT included.
Project runs from Oct. 30, 2019 to Oct. 2, 2026; counterparty is Korea’s Public Procurement Service for Gangwon province.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Namkwang Engineering & Construction Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260930800113), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Namkwang Engineering cuts contract value for Gangwon road project to 29,844,078,000 won

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