HSD Engine : Conclusion of Single SalesContract or Supply Contract
March 08, 2022 at 12:31 pm IST
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Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract
Other sales or supply contracts
- Name of contract concluded
Engine for vessels
2. Details of contract
Contract amount (KRW)
-
Sales of the latest fiscal year (KRW)
830,000,000,000
Ratio to sales (%)
-
Classified as a large-sized corporation?
No
3. Counterparty to contract
-
- Relationship to company
-
4. Regions of sales or supply (markets served)
-
5. Contract period
Start date
2022-03-04
End date
2024-03-24
6. Terms and conditions of contract
-
7. Effective date of contract (receipt of orders)
2022-03-04
8. Withholding of disclosure
Reasons for withholding disclosure
Business confidentiality
Withholding period
2023-03-07
9. Other matters to be factored into investment decisions
1. "2. Sales of the latest fiscal year" are based on the consolidated financial statements as of the end of 2020.
2. "5. Contract period" is subject to change according to the progress of the vessel construction schedule.
3. Corrections to the counterparty to contract and the details of contract will be disclosed when the reasons for withholding disclosure are removed or when the withholding period has elapsed.
※ Related disclosure
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Disclaimer
HSD Engine Co. Ltd. published this content on 08 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2022 07:00:03 UTC.
Hanwha Engine Co Ltd, formerly HSD Engine Co Ltd, is a Korea-based company that principally engaged in manufacturing and sales of marine diesel engines. The Company operates its business through two segments. The Marine Engine segment is principally engaged in the manufacturing and sales of marine engines and environmental pollution prevention facilities. The Other segments is principally engaged in the distribution of land-based power generation engines and components, as well as the real estate leasing business.