What happened
Daewoo Engineering & Construction disclosed a supply contract with Jeonnong Urban Environment Improvement Association, worth US$461M, about 7.9% of its recent annual revenue.
For context, this single contract equals about 7.9% of the company's most recent annual revenue.
| Counterparty | Jeonnong Urban Environment Improvement Association |
|---|---|
| Contract value | US$461M |
| vs. recent revenue | 7.9% |
| Through | N/A |
| Filed | 2026-09-17, Supply contract signed |
| Source | DART rcept 20260917800057 → open original filing |
Read the full filing in English
Conclusion of Single Sales and Supply Contract
1. Classification of Sales and Supply Contract Construction Contract Award - Contract Name: Jeonnung Urban Environment Improvement Project
2. Contract Details Contract Amount (KRW): 636,077,441,000 Recent Sales (KRW): 8,054,627,137,857 Percentage of Sales (%): 7.90 Large Corporation Status: Applicable
3. Contracting Party Jeonnung Urban Environment Improvement Project Association - Relationship with Company: -
4. Sales and Supply Area Seoul, Dongdaemun-gu, Jeonnung-dong, 494-1 and surrounding area
5. Contract Period Start Date: - End Date: -
6. Major Contract Terms Downpayment and Advance Payment: None Payment Conditions, etc.: Apartment Sales
7. Contract (Order) Date 2026-09-16
8. Disclosure Reservation Related Matters Reason for Reservation: - Reservation Period: -
9. Other Material Matters Related to Investment Decisions - Project Overview: Apartment complex with 4 buildings, 1,104 units, 8 basement floors to 49 above-ground floors - The contract amount in Section 2 above is exclusive of value-added tax - The recent sales amount in Section 2 above is based on consolidated financial statements as of the end of 2025 - The contract period in Section 5 above is 62 months from the actual start of construction - The contract amount and contract period may change depending on the conditions of the construction contract agreement, etc.
※ Related Disclosures: -
Source: DART. Information only, not investment advice.

