Taihan Cable & Solution's U.S. Unit Secures North American Ultra-High Voltage Cable Supply Contract; Shares Decline 7%

MT Newswires Live10-15 12:21

Taihan Cable & Solution's (KRX:001440) U.S. unit Taihan Electric USA secured an ultra-high voltage cable supply contract in North America, according to a Thursday filing with the Korean Exchange.

The contract, valued at 116.8 billion won, is valid until Dec. 31, 2028.

Shares of Taihan Cable & Solution fell 7% in recent trade.

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