On December 2, LS ELECTRIC (010120) announced a contract for an order.
**Overview of LS ELECTRIC Order Announcement**
– East Coast to East Seoul HVDC Converter Facility Contract worth 561 billion KRW (13.26% of sales)
LS ELECTRIC (010120) announced on the 2nd that it has signed a single sales and supply contract for the East Coast to East Seoul HVDC Converter Facility. The contracting party is KAPES Co., Ltd., and the contract amount is approximately 561 billion KRW, which is about 13.26% of LS ELECTRIC’s recent sales of 4.23 trillion KRW. The contract period is from December 2, 2024, to December 1, 2028, lasting about 3 years and 11 months.
Meanwhile, this contract order was reportedly concluded on December 2, 2024.
Since order announcements have a direct impact on the company’s performance, it is important to carefully consider the size and duration of the contract. If order announcements increase and stock prices remain unchanged, this could be approached from a buying perspective.
Hankyung Robo News
This article was automatically generated in real-time by an article generation algorithm jointly developed by Korea Economic Daily and the financial AI specialist company Thinkpool.