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April 27, 2024

Samsung C&T receives W700b order from Samsung Electronics

PUBLISHED : October 24, 2018 - 12:05

UPDATED : October 24, 2018 - 12:05

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[DISCLOSURE] Samsung C&T (028260) announced on Oct. 23 that it has received a 700.0 billion won (US$617.39 million) order from its affiliate Samsung Electronics (005930) to finish a facility in Pyeongtaek, Gyeonggi Province. 

This amounts to 2.39 percent of its 2017 revenue and the contract is valid until Oct. 30, 2019.

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

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