April 27, 2024
Market Now
Dongsung Finetec inks W93.8b deal with Samsung Heavy
[DISCLOSURE] Dongsung Finetec (033500) announced on Aug. 31 that it has signed a 93.8 billion won (US$84.30 million) contract with Samsung Heavy Industries (010140) to supply ultra-low temperature cold insulating material for LNG transport vessels.
This amounts to 40.6 percent of its 2017 revenue and the contract is valid until Dec. 30, 2020.
By Hwang You-mee (glamazon@heraldcorp.com)
This amounts to 40.6 percent of its 2017 revenue and the contract is valid until Dec. 30, 2020.
By Hwang You-mee (glamazon@heraldcorp.com)
