FINWIRES · TerminalLIVE
FINWIRES

KRX:064350

12 stories mentioning KRX:064350Updated just now

Every FINWIRES story that references KRX:064350, newest first.

Asia

Hyundai Rotem, Korea Aerospace Team Up to Develop Long-Range Air-to-Air Missiles for KF-21

Hyundai Rotem (KRX:064350) and Korea Aerospace Industries (KRX:047810) have entered into a collaboration on aviation armament technologies, including long-range air-to-air missiles for the KF-21 fighter jet, according to a statement on Thursday.The agreement, signed at Korea Aerospace's Sacheon headquarters on Wednesday, aims to enhance the global competitiveness of Korean defense through integrated aircraft and weapons package exports.The partnership combines Hyundai Rotem's guided weapon and propulsion expertise with Korea Aerospace's aircraft platform capabilities to offer total solutions to international customers.Both companies plan to jointly pursue global marketing and business opportunities while expanding cooperation in system integration and export model development.

KRX:047810KRX:064350
Asia

Hyundai Rotem Wins KRW358.5 Billion Taiwan Railway Line E&M Supply Project

Hyundai Rotem (KRX:064350) received a notice of award from the Taoyuan City Government for the Taoyuan brownline electrical and mechanical (E&M) supply project in Taiwan, with the company's share amounting to 358.5 billion won.The railway rolling stock manufacturer said the project will be carried out in consortium with ST Engineering Urban Solutions.The company plans to file a separate disclosure for the single sales and supply contract upon final signing, according to a bourse filing on Tuesday.

KRX:064350
Asia

Hyundai Rotem Q2 Income Slips 3%; Shares Decline 9%

Hyundai Rotem (KRX:064350) posted a 2.8% year-over-year drop in net income attributable to shareholders of the parent to 185.3 billion won from 190.62 billion won in the second quarter.Sales rose 13.3% to 1.606 trillion won from 1.418 trillion won for the three months ended June 30, according to a Friday filing with the Korea Exchange.Shares of the company were down more than 9% in recent trade.

KRX:064350
Asia

Hyundai Rotem Says Iraq K2 Tank Export Talks Remain Unconfirmed

Hyundai Rotem (KRX:064350) is currently engaging in sales activities with several countries to diversify its defense export markets and explore opportunities for K2 tank exports, but no specific details have been confirmed yet, according to a Wednesday filing with the Korea Exchange.The statement was issued in response to a news report by AsiaToday on Sept. 26, 2025, that Iraq had shown interest in the K2 tank. The company will provide an update once the matter is confirmed or within six months, the filing said.Shares of Hyundai Rotem rose nearly 2% at market close.

KRX:064350
Asia

Hyundai Rotem Confirms Iraq's Interest in K2 Tank but No Deal Finalized

Hyundai Rotem (KRX:064350) confirmed it is engaging in sales activities with multiple countries, including Iraq, to expand its defense export markets and explore K2 tank opportunities, following a media report.The company said, however, that no specific details regarding a potential deal with Iraq have been confirmed at this time, according to a bourse filing on Wednesday.This disclosure marks the company's fourth response on the matter, following previous undetermined announcements in September, October, and January.Hyundai Rotem added that it will issue a further update once matters are confirmed or within six months.

KRX:064350
Asia

Hyundai Rotem Secures KRW199 Billion Defense Contract

Hyundai Rotem (KRX:064350) signed a contract with the Defense Acquisition Program Administration for the maintenance of K-1 recovery vehicles and K-1 armored vehicle-launched bridges (AVLB), according to a Friday filing with the Korea Exchange.The deal is valid till Dec. 14, 2029, and is valued at 198.5 billion won.Shares of Hyundai Rotem plunged over 10% in recent trade.

KRX:064350
Research

CLSA Starts Hyundai Rotem at Accumulate with KRW315,000 Price Target

Hyundai Rotem (KRX:064350) has an average rating of buy and mean price target of 312,000 won, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

KRX:064350
Asia

Hyundai Rotem Wins KRW748.3 Billion Morocco ONCF EMU LTSS Project

South Korean defense products and equipment maker Hyundai Rotem (KRX:064350) secured the Morocco ONCF electric multiple units (EMU) logistique, transport de marchandises et services (LTSS) project from the country's national railway operator, the Office National des Chemins de Fer (ONCF).The contract is valued at 748.25 billion won, according to a Friday filing with the Korea Exchange.Under a shareholder agreement between Hyundai Rotem and ONCF, the contract counterparty is expected to be changed to a joint venture that will be established ahead. The contract's expiration date will be finalized once the JV is established.Shares of Hyundai Rotem fell over 1% in recent trade.

KRX:064350
Asia

Hyundai Rotem's Net Attributable Income Jumps 27% in Q1

Hyundai Rotem (KRX:064350) posted first-quarter net income attributable to shareholders of 201.4 billion won, up 27% from 158.4 billion won a year earlier, according to a Friday filing with the Korea Exchange.The South Korean defense products and equipment maker's sales jumped 24% year over year to 1.457 trillion won from 1.176 trillion won.Shares of Hyundai Rotem fell 1% at market close.

KRX:064350
Asia

Hyundai Rotem Wins Three Phases of Vietnam Ho Chi Minh City MRT Line 2 Localization Project; Shares Jump 4%

Hyundai Rotem (KRX:064350) secured three phases of the Vietnam Ho Chi Minh City MRT Line 2 localization project from Truong Hai Group Corporation, according to two Friday filings with the Korea Exchange.The contract for the first phase of the project is valued at 156.6 billion won, while the second and third phases are valued at 334.5 billion won, the filings said.All three phases are expected to be completed by Dec. 31, 2032.Shares of Hyundai Rotem rose over 4% in recent trade.

KRX:064350
Asia

South Korean Shares Close Marginally Higher Despite Renewed US-Iran Tensions, Investors Eye Q1 Earnings

South Korean shares closed slightly higher on Monday despite an increase in tensions between the US and Iran after the U.S. Navy destroyer USS Spruance intercepted an Iranian-flagged cargo vessel called Touska near the Strait of Hormuz and Iran issued a warning to the US in the aftermath of the incident.Investors chose to shift their focus on the upcoming first-quarter earnings season instead.The Korea Composite Stock Price Index or Kospi rose 27.17 points, or 0.4%, to end at 6,219.09. The Kosdaq also increased by 4.81 points, or 0.4%, to close at 1,174.85.In corporate news, SK Hynix (KRX:000660) began the mass production of high-capacity 192GB products, which are optimized for Nvidia's Vera Rubin platform, the chipmaker said in a Monday release.The SOCAMM2 192GB (gigabyte) product is a memory module standard that is based on 10-nanometer class 6th generation (1c) LPDDR5X low-power dynamic random access memory.Shares of the chipmaker increased over 3% at market close.In other news, South Korean credit rating firms Korea Ratings, Korea Investors Service, and NICE Investors Service upgraded Hyundai Rotem's (KRX:064350) credit rating to AA- from A+.The upgrades were based on the defense systems manufacturer's strong capability to repay debt, improved earnings, and financial stability.Shares of Hyundai Rotem rose nearly 2% at market close.

KRX:000660KRX:064350
Asia

Market Chatter: South Korean Credit Rating Firms Upgrade Hyundai Rotem's Rating

South Korean credit rating firms Korea Ratings, Korea Investors Service, and NICE Investors Service upgraded Hyundai Rotem's (KRX:064350) credit rating to AA- from A+, Yonhap News reported Monday.The upgrades were based on the defense systems manufacturer's strong capability to repay debt, improved earnings, and financial stability, the report said, citing Hyundai Rotem.Looking ahead, Hyundai Rotem plans to invest 1.8 trillion won in unmanned and manned defense systems and aerospace, the news report said.Shares of Hyundai Rotem rose more than 1% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:064350

Track with the FINWIRES app suite

FolioX
FolioX
Track KRX:064350 in your portfolio
WheelAI
WheelAI
Analyze KRX:064350 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on KRX:064350