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The Korea Herald
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THE INVESTOR
April 26, 2024

Market Now

STX Heavy wins W79.5b order from Korea Midland Power

  • PUBLISHED :January 16, 2018 - 10:49
  • UPDATED :January 16, 2018 - 10:49
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[DISCLOSURE] STX Heavy Industries (071970) announced on Jan. 15 that it has signed a 79.46 billion won (US$74.61 million) contract with Korea Midland Power to supply equipment for denitrification, dust collection and desulfurization.

This amounts to 19.08 percent of its 2016 revenue and the contract is valid until May 31, 2019.

By Hwang You-mee (glamazon@heraldcorp.com)

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