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April 26, 2024

Maxrotec bags W5.6b order from Kia Motors

PUBLISHED : September 20, 2018 - 15:00

UPDATED : September 20, 2018 - 15:00

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[DISCLOSURE] Maxrotec (141070) announced on Sept. 20 that it has signed a 5.63 billion won (US$5.02 million) contract with Kia Motors (000270) to supply industrial robot automation system. 

This amounts to 14.6 percent of its 2017 revenue and the contract is valid until Jan. 1, 2019.

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

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