HL Holdings Revises Subsidiary’s Construction Contract Value Down to KRW 78.4 Billion
Bitget2026/10/26 08:05- HL Holdings’ Oct. 26, 2026, correction reduced subsidiary HL D&I Halla’s construction contract to KRW 78.4 billion from KRW 89.97 billion.
- The revision reflects separate contracts for electrical and telecommunications work, as required by relevant authorities.
- The revised value represents 4.5% of the subsidiary’s 2025 consolidated revenue, down from 5.16%.
- The Seongsu-dong office development’s second-phase construction contract was signed Sept. 22, 2026; construction is scheduled to take 35 months from commencement.
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