Hyundai Rotem Wins KRW 344.5 Billion Railway E&M Contract in Taiwan [Disclosure]

[Financial News] Hyundai Rotem announced on the 23rd that it had won a KRW 344.5 billion railway electrical and mechanical supply contract from Taiwan's Railway Engineering Bureau.
According to the Financial Supervisory Service's Electronic Disclosure System (DART), Hyundai Rotem won a KRW 344.50096 billion contract the previous day from the Taoyuan City Government's Railway Engineering Bureau for the Brown Line E&M supply project.
The contract amount represents 5.9% of the company's most recent revenue, and the contract period runs from August 19 to October 4, 2034.
The arrangement includes contract and advance payments, with Hyundai Rotem billing according to the progress of the project.

[email protected] Bae Han-geul Reporter