Kumho E&C Raises Pyeongtaek Power Tunnel Contract Value to KRW 180.27 Billion
Bitget2026/10/19 04:59- Kumho Engineering & Construction's Oct. 19, 2026, correction raised its contract value to KRW 180.27 billion from KRW 174.4 billion.
- The revised agreement covers power tunnel construction in Pyeongtaek for Korea Electric Power Corp.
- The contract now represents 9.42% of 2024 consolidated revenue, up from 9.11%.
- Construction runs from Dec. 10, 2025, to Dec. 18, 2029.
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.
You may also like
Japanese stocks closed down 2.65%

AI trading concerns reignite: global bond markets see renewed safe-haven buying, funds flow back into U.S. Treasuries
Weakness in the stock market has triggered safe-haven buying, driving gains in US Treasuries, the Japanese yen, and the Swiss franc. Yields on US Treasuries have declined across the board, with the 30-year yield reaching its lowest level since late September.

Unafraid of the electric vehicle downturn: General Motors (GM.US) makes a bold bet on lithium-manganese-based batteries, wagering on the next generation of affordable electric vehicles
General Motors (GM.US) remains undeterred by the electric vehicle market downturn in recent years and is moving forward with a brand new EV project, aiming to launch a new battery-powered mainstream SUV in approximately three years.
WTI Price Forecast: Advances above mid-$98.00s as bullish setup backs additional gains
