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April 24, 2024

Dawonsys bags W52b order from Korea Rail

PUBLISHED : July 20, 2018 - 12:28

UPDATED : July 20, 2018 - 12:28

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[DISCLOSURE] Dawonsys (068240) announced on July 19 that it has signed a 52.0 billion won (US$45.79 million) contract to supply rolling stock for Korea Rail Network Authority.

This amounts to 46.65 percent of its 2017 revenue and the contract is valid until June 25, 2021.

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

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