CNT85 Clarifies Revised Contract Disclosure Reflects Cash Collected, Not Contract Value Cut

Bitget2026/10/26 08:02

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CNT85 clarified on Oct. 26, 2026, that its corrected Kolon Global contract disclosure reflects collections, not a contract value reduction.
The actual contract value increased by KRW 25 million to KRW 5.35 billion.
The disclosed amount was revised from KRW 5.32 billion to KRW 4.52 billion, reflecting payments received through the contract’s expiration.
Progress billings cover 93.4% of the contract, with outstanding progress payments expected in December 2026.
The remaining 6.6% is expected in January 2027, following a Nov. 9 completion inspection and submission of warranty insurance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CNT85 Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261026900542), on October 26, 2026, and is solely responsible for the information contained therein.

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.

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CNT85 Clarifies Revised Contract Disclosure Reflects Cash Collected, Not Contract Value Cut

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