Jeryong Electric Signs Supply Contract for 53.3 Billion KRW Residential Transformer
[Asia Economy Reporter Myunghwan Lee] Jerong Electric announced on the 4th that it has signed a supply contract for pole-mounted transformers worth 53,282,530,000 KRW with the US company PSE&G.
The contract amount corresponds to 109.2% of last year's sales, and the contract period is until December 31, 2023.
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In this regard, the Korea Exchange KOSDAQ Market Headquarters suspended trading of Jerong Electric's stock for 30 minutes from 11:34 AM on the same day due to the single sales supply contract.
This content was produced with the assistance of AI translation services.
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