[Breaking] ExaIENC Signs 89 Billion Won Waterproofing Contract with Samsung C&T... Equivalent to 50.3% of Previous Year's Revenue
ExaIENC announced in a regulatory filing on the 7th that it has signed a supply contract worth 89 billion won with Samsung C&T for the "P5 Ph1 Waterproofing Wor
![[Breaking] ExaIENC Signs 89 Billion Won Waterproofing Contract with Samsung C&T... Equivalent to 50.3% of Previous Year's Revenue](https://media.cbcglobe.com/tenants/cbc00000-0000-4000-8000-000000000001/media/cbc/2026/06/579266/454235b178efbcea/variants/hero.webp)
ExaIENC announced in a regulatory filing on the 7th that it has signed a supply contract worth 89 billion won with Samsung C&T for the "P5 Ph1 Waterproofing Work Section 1."
- ■ Contract Overview
- Contract Amount: 89 billion won (89,000,000,000 won, excluding VAT)
- Counterparty: Samsung C&T
- Project Location: Pyeongtaek-si, Gyeonggi-do
- Contract Period: July 8, 2026 – October 31, 2027
The contract scale amounts to 50.28% of ExaIENC's most recent consolidated revenue of 177.02828337 billion won for 2025, making it a major order.
■ Key Contract Terms According to the contract terms, the advance payment is 4.895 billion won. Progress payments are made once a month, with a full cash settlement within 60 days from the date of acceptance of the deliverables. The contract performance guarantee rate is set at 10%, the defect repair guarantee rate at 3%, the defect warranty responsibility period at one year, and the delay penalty rate at 0.1%.
ExaIENC stated that due to the nature of construction contracts, the future construction schedule and contract amount may be subject to change. The company also explained that the contract date refers to the confirmation date based on an electronic contract.
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