HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (009540) removed the completion date from an FPSO hull contract, the company said in a Thursday filing. HD Hyundai Co., Ltd. (267250) is the parent named in a related September 3 filing.
The contract is worth ₩878.1 billion and had carried a September 3, 2026 completion date. The filing now lists the end date as undetermined and says a new date will be disclosed when set.
The company's market capitalisation was ₩24.7 trillion at Friday's close. The filing says the contract equals 10.56% of the shipbuilding subsidiary's ₩8.312 trillion revenue.
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| Symbol | Last Price |
|---|---|
| 009540HD Korea Shipbuilding & Offshore Engineering Co., Ltd. | ₩348,500 +1.3% |
| 267250HD Hyundai Co., Ltd. | ₩240,500 +12.6% |