HD Korea Shipbuilding Secures KRW515 Billion Order; Shares Jump 7%

MT Newswires Live04-22

HD Korea Shipbuilding & Offshore Engineering (KRX:009540) secured an order for an ice-breaking vessel from the Swedish Maritime Administration.

The deal is valued at 514.8 billion won. The shipbuilder will deliver the vessels by Aug. 28, 2029, according to a Wednesday filing with the Korean Exchange.

Shares of HD Korea Shipbuilding jumped more than 7% in recent trade.

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