CMes Robotics cuts confirmed Coupang contract value to KRW 712.8 million in correction filing
Bitget2026/09/23 05:47- CMes Robotics issued a correction to its previously disclosed supply contract as the contract period ended on June 30, 2026.
- The confirmed contract amount was revised to KRW 712.8 million from KRW 1.19 billion, reflecting cash received to date.
- The customer is Coupang; the contract covers installation of a logistics-robot automation solution in South Korea.
- CMes kept the original contract value unchanged, citing uncertainty over final payment timing beyond the contract end date.
- The revised amount equals 10.34% of 2024 consolidated revenue, down from 17.2% previously disclosed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pre-orders for GTA 6 are booming and may reverse the downward trend! Citigroup raises Take-Two Interactive Software (TTWO.US) target to $270
Citigroup maintains a "Buy" rating on Take-Two Interactive Software, with a target price of $270.
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data
Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Crypto prices
More
