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April 20, 2024

SM Core bags W19.7b order from China

PUBLISHED : June 25, 2018 - 12:25

UPDATED : June 25, 2018 - 12:26

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[DISCLOSURE] SM Core (007820) announced on June 25 that it has signed a 19.7 billion won (US$17.66 million) contract with China's Safe-Run Machinery for a tire handling and logistics automation project. 

This amounts to 27.2 percent of its 2017 revenue and the contract is valid until Oct. 22. 

By Hwang You-mee (glamazon@heraldcorp.com)

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