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Doosan Fuel Cell (336260) disclosed a ₩45 billion maintenance contract with Ulsan Eneroot No.
Doosan Fuel Cell (336260) disclosed on Friday that a previously confidential 20-year maintenance contract is worth ₩35.3 billion.
| Period | 336260 | KOSPI | Difference |
|---|---|---|---|
| 1 week | -3.4% | -1.5% | -1.9% |
| 1 month | +53.3% | +5.2% | +48.2% |
| 3 months | -48.2% | -22.6% | -25.6% |
| 6 months | +33.9% | +31.3% | +2.6% |
| Year to date | +52.0% | +58.7% | -6.7% |
| 1 year | +77.5% | +108.9% | -31.4% |
Closed at 30% of the way from its 52-week low (₩18,900) to its 52-week high (₩101,500).
Doosan Fuel Cell disclosed the price of a contract that had been confidential since September 2025. The company will maintain a byproduct-hydrogen fuel-cell plant for Ulsan Eneroot No. 2 for 20 years. The ₩35.3 billion value excludes VAT and equals 8.57% of 2024 consolidated revenue. Service fees are paid quarterly. The agreement runs through October 14, 2046, but its value and term may change.
Doosan Fuel Cell will supply fuel-cell systems for US data centers to affiliate HyAxiom. The ₩501.4 billion contract equals 110.25% of 2025 consolidated revenue. It runs from September 1, 2026 through April 20, 2028. Payment terms are 20% upfront, 75% during delivery and 5% at completion. The filing says the price and schedule may change as the project proceeds.
Doosan Fuel Cell signed a ₩27.5bn maintenance contract with YH Power 2. The value equals 6.05% of FY2025 consolidated revenue. It covers 20 years of service at a plant using the company's fuel-cell equipment. The contract was signed on August 11, 2026 and ends March 31, 2048. Service fees are paid quarterly without an advance. The value and period may change.
Doosan Fuel Cell makes electric motors, generators and transformers in South Korea. It is listed on KOSPI, was founded in 2019, is based in North Jeolla, and has revenue of hundreds of billions of won.
| Sector | Power Equipment | Employees | |
| Market | KOSPI | Founded | 2019 |
| Korean name | 두산퓨얼셀 | Head office | North Jeolla |
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