Samsung Heavy Industries Wins 672.2 Billion Won Order for Two LNG Carriers... 6.3% of Recent Revenue
Samsung Heavy Industries announced that it has signed a contract with an Asian-area shipowner to supply two LNG carriers worth 672.2 billion won. According to the regulatory filing, the contract amount of 672.2 billion won equals 6.3% of the company's recent revenue of 10.65 trillion won based on t

Samsung Heavy Industries announced that it has signed a contract with an Asian-area shipowner to supply two LNG carriers worth 672.2 billion won.
According to the regulatory filing, the contract amount of 672.2 billion won equals 6.3% of the company's recent revenue of 10.65 trillion won based on the 2025 consolidated financial statements. The counterparty is a shipowner in the Asian region, and the sales and supply region is also Asia. The contract amount was calculated using the exchange rate on the contract date of 1,359.6 won per dollar, and both the contract amount and recent revenue were rounded to the nearest 100 million won.
The contract period runs from October 2, 2026 to May 31, 2029. There is a down payment and advance payment, with the balance to be collected according to construction progress. Samsung Heavy Industries explained that the contract end date is based on the delivery date and may vary depending on construction progress.
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