Seondo Electric Secures KRW2.6 Billion Contract from Korea Electric Power; Kepco Shares Decline 3%

MT Newswires Live

03/19

Seondo Electric (KRX:007610) secured a contract for the supply of eco-friendly switchgear equipment for a central substation from Korea Electric Power Corporation (KRX:015760), according to a Thursday filing with the Korea Exchange.

The contract, valued at 2.6 billion won, is valid till Sept. 30.

Shares of Korea Electric Power fell nearly 3% in recent trade.

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