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Namkwang Engineering cuts contract value for Gangwon road project to 29,844,078,000 won
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Namkwang Engineering cuts contract value for Gangwon road project to 29,844,078,000 won
  • Namkwang Engineering corrected a previously disclosed construction contract for a road expansion project in Gangwon province due to a change order.
  • Contract value revised to KRW 29.84 billion from KRW 29.97 billion; equivalent to 18.99% of 2018 consolidated revenue.
  • Total project value adjusted to KRW 58.52 billion; Namkwang’s share remains 51%, VAT included.
  • Project runs from Oct. 30, 2019 to Oct. 2, 2026; counterparty is Korea’s Public Procurement Service for Gangwon province.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Namkwang Engineering & Construction Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260930800113), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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