Dohwa Engineering Terminates Service Contract Worth 59.1 Billion KRW

DoHwa Engineering announced on the 28th that the 59.1 billion KRW comprehensive recycling project management and operation consignment contract for Dangjin incineration ash, signed with Newwin Tech, has been terminated. This corresponds to 10.23% of recent sales revenue. The company stated that the contract was terminated due to the project implementer's failure to secure funding.