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KRX:002990

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Asia

Kumho Engineering & Construction Revises Central Line Railway Contract Amount Upward to KRW142 Billion

Kumho E&C's revised contract amount for the Central Line Dodam-Yeongcheon double-track railway Section 10 civil works now stands at over 142 billion won, up from 140.8 billion won in the original disclosure submitted on Dec. 30, 2025.The revision, made due to a changed construction contract, follows the increase in total contract value to 188.4 billion won from 186.8 billion won initially, with the company's construction share rising from 75.37% to 75.39%.The project, ordered by the Korea Rail Network Authority, covers a 13.8 km section in Uiseong and Gunwi counties, Gyeongsangbuk-do, with a construction period from Nov. 2, 2015, to June 30, 2027, according to a bourse filing on Monday.

KRX:002990
Asia

Kumho Engineering & Construction Faces KRW28.1 Billion Damages Lawsuit from Housing Association

Kumho Engineering & Construction (KRX:002990) is being sued by the Ansung Dangwang District Housing Association for 28.2 billion won in damages, according to a bourse filing on Monday.The plaintiff seeks the claimed amount plus interest at 12% per annum from the day after delivery of the amended claim and cause documents until full payment, with litigation costs to be borne by the defendant and provisional execution permitted.The claimed amount represents 11.6% of the company's equity capital of 242.5 billion won, based on the 2025 consolidated financial statements adjusted for subsequent capital changes.Kumho Construction plans to actively respond through its legal representatives.

KRX:002990
Asia

Kumho E&C Revises LNG Plant Contract Value

Kumho Engineering & Construction (KRX:002990) has revised the contract value for its Gumi LNG power plant project to 369.9 billion won from 364 billion won, according to a Tuesday bourse filing.The project, originally awarded in September 2022, involves constructing a 500MW natural gas facility for Korea Western Power in North Gyeongsang Province.The project is scheduled for completion by Aug. 31, 2026.The contract value and timeline remain subject to potential adjustments due to design changes or shifting project conditions, the filing stated.

KRX:002990
Asia

Kumho Engineering & Construction Wins KRW101.5 Billion Apartment Complex Construction Contract

Kumho Engineering & Construction (KRX:002990) secured an apartment complex construction project in Incheon, worth 101.487 billion won, according to a filing with the Korean Exchange on Tuesday.The contract was secured from SI Realty, and will include the construction of a 335-unit residential complex with two basement levels and 20 above-ground floors at 3103-4 Unseo-dong, Yeongjong-gu, Incheon, South Korea.Construction is expected to take 36 months from the date of the project financing agreement, the filing said.Shares of Kumho Engineering & Construction added over 7% at market close.

KRX:002990
Asia

Kumho Engineering Secures 113 Billion Won Building Construction Contract in South Korea

Kumho Engineering & Construction (KRX:002990) secured a 113.39 billion won contract with SI Realty Co. to construct a new apartment complex at Incheon Yeongjong Haneul City, South Korea.The construction and engineering services company said that the contract represents 5.62% of its latest annual sales, according to a Tuesday filing with the Korea Exchange.The contract covers construction of 368 residential units with two underground levels and 20 above-ground floors, with a scheduled construction period of 36 months from the date of project financing execution.

KRX:002990
Asia

KUMHO Engineering & Construction Lands KRW127.9 Billion Pangyo Techno Valley Development Contract

Kumho Engineering & Construction (KRX:002990) secured a 3rd Pangyo Techno Valley mixed-use development contract from Gyeonggi Housing & Urban Development, worth 127.9 billion won, according to a filing with the Korean Exchange on Friday.The contract is for the construction of a mixed-use commercial complex, comprising a knowledge industry center, offices, and dormitories, the filing said.Total contract amount is 1.421 trillion won, in line with the company's 9% execution stake within the assigned building consortium.

KRX:002990

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