April 26, 2024
Market Now
Hyundai Rotem bags W44.5b order from Egypt
[DISCLOSURE] Hyundai Rotem (064350) announced on June 23 that it has signed a 445.66 billion won (US$390.72 million) contract with Egypt’s National Authority for Tunnels to supply 32-car railway vehicle.
This amounts to 14.9 percent of its 2016 revenue and the contract is valid until Oct. 22, 2023.
By Hwang You-mee (theinvestor@heraldcorp.com)
This amounts to 14.9 percent of its 2016 revenue and the contract is valid until Oct. 22, 2023.
By Hwang You-mee (theinvestor@heraldcorp.com)
