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Hanwha Engine, KR7082740002

Hanwha Engine stock: Samsung Heavy order worth KRW 132.25 billion

Published on 10/30/2026 at 00:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Hanwha Engine stock is tied to a marine-engine contract running through November 2028. Most payment is due when the equipment is delivered.

Auftrag stärkt die mittelfristige Visibilität

  • Der Vertrag läuft bis zum 15. November 2028 und sieht 15 Prozent Vorauszahlung vor.
  • Der Auftragsbestand lag Ende Juni bei 597,89 Mrd. KRW, während der Halbjahresgewinn zulegte.
Hanwha Engine, KR7082740002, Illustration mit AI erstellt.
Hanwha Engine, KR7082740002, Illustration mit AI erstellt.

Hanwha Engine disclosed on October 15 that it had signed a marine-engine supply contract with Samsung Heavy Industries. Financial News reported the agreement on October 16.

Contract provides delivery visibility

The agreement covers engines for ships Samsung Heavy Industries plans to build. Its term runs from October 15, 2026, to November 15, 2028, giving Hanwha Engine a production schedule extending across more than two years.

Payment terms call for 15 percent upfront and the remaining 85 percent upon delivery. That structure means the bulk of the contract value is tied to equipment deliveries rather than the initial signing date.

Backlog and earnings context

Financial News said the contract value represented 9.6 percent of Hanwha Engine's consolidated revenue of 1.3711 trillion KRW in the previous year. The company's order backlog stood at 597.89 billion KRW at the end of June, up 44 percent from the end of last year.

Hanwha Engine's operating profit for the first half of 2026 rose 59 percent year over year to 89.3 billion KRW, according to the same report. The figures provide context for investors assessing how new orders could support production visibility, although the contract's earnings contribution will depend on manufacturing and delivery timing.

Investor context

The reported order adds business with a major external shipbuilding customer alongside Hanwha Engine's work for Hanwha Ocean. It is an order and backlog update, not evidence by itself of a particular share-price reaction.

For more company information, see the Hanwha Engine investor-relations page.

Hanwha Engine

  • Company: Hanwha Engine
  • ISIN: KR7082740002
  • Contract: Marine-engine supply agreement with Samsung Heavy Industries
  • Contract term: October 15, 2026 to November 15, 2028
  • Payment: 15 percent upfront and 85 percent upon delivery
  • Order backlog: 597.89 billion KRW at June 30, 2026

The broader South Korean equity-market backdrop can be followed through the KOSPI market page.

More news and analyses on Hanwha Engine stock.

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