8 stories mentioning KRX:071970Updated 14d ago
Every FINWIRES story that references KRX:071970, newest first.
HD-Hyundai Marine Engine (KRX:071970) secured a ship engine supply contract with Xiamen XMXYG Shibuilding Trading worth 22.7 billion won, according to a Monday filing with the Korea Exchange.The contract period runs until July 20, 2029.Shares of the marine engine company fell nearly 2% at market close.
HD-Hyundai Marine Engine (KRX:071970) secured a 40.5 billion supply contract with Daehan Shipbuilding Co., expanding domestic sales, according to a Friday filing with the Korean Exchange.The South Korean marine engine manufacturer said that the contract covers the supply of ship engines in South Korea and represents 10.1% of its consolidated sales in 2025.The contract runs between Aug. 21, 2026, and June 29, 2029, and payment terms include advance, interim, and final payments according to the engine supply schedule.
HD-Hyundai Marine Engine (KRX:071970) entered into a sales/supply contract worth 47.5 billion won with XIAMEN XMXYG SHIPBUILDING TRADING.The agreement became effective Friday and will expire Aug. 23, 2029.
HD-Hyundai Marine Engine (KRX:071970) posted a 93% year-over-year surge in attributable net income for the second quarter to 31.9 billion won from 16.6 billion won.The marine engine manufacturer's revenue surged 29% to 128.1 billion won for the three months ended June 30 from 99.2 billion won, according to a bourse filing on Tuesday.For the cumulative six-month period, net income surged 97% to 60 billion won from 30.4 billion won a year earlier.Sales surged 44% to 261.6 billion won from 182.3 billion won a year earlier.
HD Hyundai Marine Engine (KRX:071970) secured a marine engine supply contract worth 24.8 billion won from a Chinese shipbuilding company, Xiamen XMXYG Shipbuilding Trading, according to a company filing with the Korean Exchange on Friday.Project payments are tied to the engine supply and delivery schedule, with the contract slated for completion by April 12, 2029.Shares of the company fell nearly 3% in recent trading.
HD-Hyundai Marine Engine (KRX:071970) secured a ship engine supply contract from Daehan Shipbuilding (KRX:439260), according to a Wednesday filing with the Korean Exchange.The deal is valued at 40.9 billion won. The shipbuilder will deliver the engine by June 15, 2028.Shares of HD-Hyundai Marine Engine rose 1% in recent trade, while those of Daehan Shipbuilding fell nearly 1%.
South Korean shares closed lower on Monday after the US and Iran failed to reach common ground after 21 hours of negotiations in Islamabad, Pakistan.Following the failed talks, US President Donald Trump on Sunday warned on Truth Social that the US Navy would immediately begin blockading all ships attempting to enter or leave the Strait of Hormuz. US forces are expected to block all maritime traffic entering and exiting Iranian ports at 10 am ET on Monday.The Korea Composite Stock Price Index or Kospi fell 50.25 points, or 0.9%, to end at 5,808.62. The Kosdaq increased by 6.21 points, or 0.6%, to close at 1,099.84.In economic news, South Korea's exports jumped 36.7% to $25.2 billion in the first 10 days of April from $18.4 billion a year earlier, Monday data from the Korea Customs Service showed. Imports increased 12.7% to $22.1 billion from $19.6 billion a year earlier, resulting in a $3.1 billion trade surplus.In corporate news, 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 more than 5% at market close.
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.
