Incon Wins Bid for LTE-R Improvement Works on Taebaek Line and Other Routes... Company's Share at 5.45873 Billion Won
Incon announced in a regulatory filing on the 26th that it has been selected as the winning bidder for the 'Taebaek Line and One Other Route Integrated Railway Wireless Network (LTE-R) Improvement and Other Works' project tendered by the Korea National Railway. ■ Contract Scale The total winning bi

Incon announced in a regulatory filing on the 26th that it has been selected as the winning bidder for the 'Taebaek Line and One Other Route Integrated Railway Wireless Network (LTE-R) Improvement and Other Works' project tendered by the Korea National Railway.
■ Contract Scale The total winning bid amount is 10,733,900,175 won, excluding value-added tax (VAT). Of this, Incon's share is 51.00%, making its portion of the winning bid 5,458,728,989 won.
■ Share of Revenue The company's portion of the winning bid amounts to 10.74% of revenue at the end of the most recent fiscal year. Incon's revenue for the most recent fiscal year, as disclosed, was 50,820,522,158 won.
■ Future Procedures The date of occurrence and the decision date for this award are both October 26, 2026, the date Incon received the relevant official document. Incon stated that the details may be subject to change as the project progresses, and that it will disclose the finalized details upon signing the main contract.
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