April 26, 2024
Market Now
Dohwa Engineering bags W93.1b orders from Japan
[DISCLOSURE] Dohwa Engineering (002150) announced on March 16 that it has signed a 39.05 billion won (US$36.47 million) construction contract with Japan’s Godo Kaisha Shimoda Hatsudensho for a solar power generation project in Shizuoka, Japan. This is equivalent to 9.81 percent of its 2016 revenue.
It also has signed a 54.04 billion won contract with Japan’s Godo Kaisha Shimoda Hatsudensho 2 for a project in the same area, which amounts to 13.57 percent of its 2016 revenue, it said in a separate statement.
Both contracts are valid until March 31, 2020.
By Hwang You-mee (glamazon@heraldcorp.com)
It also has signed a 54.04 billion won contract with Japan’s Godo Kaisha Shimoda Hatsudensho 2 for a project in the same area, which amounts to 13.57 percent of its 2016 revenue, it said in a separate statement.
Both contracts are valid until March 31, 2020.
By Hwang You-mee (glamazon@heraldcorp.com)
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