Hyundai Rotem raises Philippines MRT — 7 supply contract value to KRW 823.98 billion in correction filing

Hyundai Rotem corrected its disclosure on the Philippines MRT7 rolling stock and systems supply contract. Contract value revised to KRW 823.98 billion from KRW 728.12 billion, reflecting agreed changes tied to schedule-extension costs. Revenue ratio updated to 25.0% from 22.1% based on reported sales of KRW 3.30 trillion. Disclosure now states no contract deposit or advance payment, with progress-billing terms. 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. Hyundai Rotem Co. 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: 20261014800442), on October 14, 2026, and is solely responsible for the information contained therein. (C)