HD Hyundai Infracore, 140 Billion KRW Investment in New Facilities
HD Hyundai Infracore announced on the 24th that it will invest 141.2 billion KRW in new facilities at its Gunsan plant. This amount corresponds to approximately 7.8% of its equity capital.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- Signed Without Viewing for 1.6 Billion Won... Jamsil and Seongbuk Jeonse Prices Jump 200 Million Won in a Month [Real Estate AtoZ]
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
The company stated that the purpose of the investment is "to expand sales in new areas of the engine business division, such as ultra-large power generation engines." The investment amount includes about 24.4 billion KRW for dedicated facility expansion costs at the Incheon plant.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
