[Asia Economy Reporter Geum Bo-ryeong] Hyundai Heavy Industries, a subsidiary of Korea Shipbuilding & Offshore Engineering, announced on the 5th that it has signed a contract to build four container ships worth 594 billion KRW with an Asia-based shipping company.


The contract amount represents 10.89% of the 2019 sales revenue. Hyundai Heavy Industries' 2019 sales revenue reflects the performance from June 1, 2019, the date of the physical division establishment.



The contract end date is September 27, 2023.


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