HD-Hyundai Marine Engine Wins KRW85.9 Billion Ship Engine Supply Contract from K Shipbuilding; Shares Jump 5%

MT Newswires Live04-13 10:19

HD-Hyundai Marine Engine (KRX:071970) secured a ship engine supply contract from K Shipbuilding, according to a Monday filing with the Korean Exchange.

The deal is valued at 85.9 billion won. The shipbuilder will deliver the engine by May 25, 2028.

Shares of HD-Hyundai Marine Engine jumped nearly 5% in recent trade.

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