Samsung Heavy Industries has signed a contract to build 2 LNG carriers for an Asian shipowner.

Samsung Heavy Industries has signed a contract with an Asian shipowner to build 2 LNG carriers. The contract value is KRW 672.2 billion, representing 6.3% of consolidated revenue on a 2025 basis. The contract period runs from October 2026 to May 2029, approximately 2 years and 8 months, with payment collected according to construction progress.

1. 01

   The contract value is KRW 672.2 billion (at the exchange rate of 1,359.6 per USD on the contract date), representing 6.3% of recent consolidated revenue.

2. 02

   The counterparty is an Asian shipowner, and the sales and supply region is also Asia.

3. 03

   Payment will be made according to construction progress, with advance payments and deposits.

4. 04

   The contract completion date (May 31, 2029) is based on the delivery date and may change depending on construction progress.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Contract amount

KRW 672.2 billion

Share of recent revenue

6.3%

Contract value

KRW 672.2 billion

Recent revenue (2025 consolidated)

KRW 10.65 trillion

As a percentage of revenue

6.3%

Contract period

October 2, 2026 ~ May 31, 2029

Filing facts

Filing type

Supply Contract

Report name

Single Sales or Supply Contract

Filed

Oct 2, 2026

Receipt number

20261002800245