Gyeongryong Construction Industries Selected as Qualified Design Contractor for Gangdong-Hanam-Namyangju Line Regional Railway 6th Contract Segment

Gyeongryong Construction Industries (013580) was selected as the qualified design contractor for the 6th contract segment of the Gangdong-Hanam-Namyangju Line regional railway project on June 16. The procurement authority is the Ministry of Economy and Finance's Public Procurement Agency, with the actual user being the Gyeonggi Provincial Government's Northern Office. The estimated contract value is 809 billion won, representing 2.80% of the company's recent revenue of 28.874 trillion won. The company received the notification of qualification on June 16, with the final contract amount to be confirmed upon signing the agreement. The total project value is approximately 7,685 billion won, with Gyeongryong's share at 10.53%. The company's stock closed at 21,150 won on June 16, up 400 won from the previous day. As of December 2025 financial results, the company reported total assets of 32.249 trillion won, liabilities of 22.34 trillion won, capital of 9.909 trillion won, revenue of 28.874 trillion won, and net profit of 979 billion won. Gyeongryong Construction Industries, listed on KOSPI since October 11, 1978, is a civil engineering firm.