HD-Hyundai Marine Wins Ship Engine Supply Contract from HD Hyundai Mipo

MT Newswires Live

2025/10/13

HD-Hyundai Marine Engine (KRX:071970) secured a ship engine supply contract worth 44.7 billion won with HD Hyundai Mipo (KRX:010620), the company said in a Monday filing with the Korea Exchange.

The contract value represents 14.1% of HD-Hyundai Marine Engine's 2024 total sales of 315.8 billion won. The contract, effective Oct. 13, 2025, will run through June 30, 2027.

Shares of HD-Hyundai Marine Engine rose more than 2% in recent trade, while those of HD Hyundai Mipo declined nearly 1%.

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