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March 28, 2024

Hyundai Rotem bags W151.3b order from Hyundai Steel

PUBLISHED : October 15, 2018 - 10:32

UPDATED : October 15, 2018 - 10:32

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[DISCLOSURE] Hyundai Rotem (064350) announced on Oct. 15 that it has signed a 151.36 billion won (US$133.58 million) contract with its affiliate Hyundai Steel (004020) to build and install exhaust purifiers. 

This amounts to 5.6 percent of its 2017 revenue and the contract is valid until Oct. 15, 2020.

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

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