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The Korea Herald
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THE INVESTOR
April 18, 2024

Market Now

Motrex bags W448b order from Algiers

  • PUBLISHED :August 22, 2018 - 11:34
  • UPDATED :August 22, 2018 - 11:34
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[DISCLOSURE] Motrex (118990) announced on Aug. 22 that it has signed a 447.9 billion won (US$400.23 million) contract with Tahkout Manufacturing Company to supply automobile infotainment to Algiers. 

This amounts to 175.8 percent of its 2017 revenue and the contract is valid until Aug. 20, 2028.

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

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