Hyundai Rotem wins KRW 344.5 billion Taiwan Taoyuan Brown Line supply contract
Bitget2026/09/23 06:11- Hyundai Rotem won a KRW 344.5 billion E&M supply contract for the Taoyuan Brown Line rapid transit project in Taiwan.
- Counterparty: Department of Rapid Transit Systems, Taoyuan City Government.
- Contract runs from Aug. 19, 2026 to Oct. 4, 2034.
- Order equals 5.9% of FY2025 consolidated revenue.
- Work will be executed via a consortium with ST Engineering Urban Solutions.
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
