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OPCO signs a 12-million dollar deal with Hyundai Mipo Dockyard 작성일 | 2011/04/21 조회수 | 3457
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OPCO signs a 12-million dollar deal with Hyundai Mipo Dockyard

 

Oriental Precision & Engineering (“OPCO”) has signed a 12-million dollar deal with Hyundai Mipo Dockyard to deliver deckhouses, engine room casings, and funnels by December 2011.

 

As the economy is picking up steadily, and with OPCO’s aggressive sales effort, the company has been enjoying a continuously increasing number of orders received this year.

 

OPCO plans to work vigorously to secure additional orders for the rest of the year, and with the experience the company has gained from 30 years of building quality ships and ship components, OPCO promises to deliver the quality and the price that can satisfy its clients.

 

 

Supply contract announcement

1. Sales item

DECK HOUSE

2. Sales contract

Contract amount
(KRW)

12,580,700,000

Recent sales (KRW)

324,151,870,507

Contract amount per recent sales

3.88%

3. Client

Hyundai Mipo Dockyard, Co., Ltd.

-Relationship with OPCO

-

4. Region

Domestic: Ulsan

5. Contract period

Begins on

2011-04-05

Ends on

2011-12-01

6. Major contract terms and conditions

-

7. Sales and delivery method

In-house production

Yes

Outsourcing manufacturing

N/A

Misc.

-

8. Contract date

2011-04-05

9. Other investment-related information

1. The above contract amount includes sales tax.
2. The above recent sales is based on the sales total at the end of 2010 fiscal year.

 
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