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The Korea Herald
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THE INVESTOR
March 29, 2024

Market Now

Doosan Engine wins W77b order from Samsung Heavy

  • PUBLISHED :April 18, 2018 - 10:52
  • UPDATED :April 18, 2018 - 10:52
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[DISCLOSURE] Doosan Engine (082740) announced on April 18 that it has signed a 76.9 billion won (US$72.14 million) contract with Samsung Heavy Industries (010140) to supply engines for vessels. 

This amounts to 10 percent of its 2017 revenue and the contract is valid until Oct. 23, 2020.

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

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