[Market Highlight] Hyundai Rotem Surges on Signing of Second K2 Tank Contract in Poland
Hyundai Rotem is showing strong performance following news of the signing of the second implementation contract for the K2 tank project in Poland.
As of 9:27 a.m. on August 4, Hyundai Rotem is trading at 198,300 won on the Korea Exchange, up 4,300 won (2.22%) compared to the previous session.
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On this day, Hyundai Rotem announced that it had signed the second implementation contract for the K2 tank project with the Polish Armaments Agency, worth 8.9814 trillion won. This amount is equivalent to 205.2% of last year's sales, and the contract period extends until December 31, 2033.
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