The Korea Herald

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DK-Lok inks W828m contract with Iranian firm

By KH디지털2

Published : Sept. 6, 2016 - 15:34

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[DISCLOSURE] DK-Lok (105740), a fitting and valve manufacturer, said on Sept. 6 that it has signed a contract worth 827.9 million won (US$749,470) with Iran’s Gostaresh Niko Shimeh to supply tube fitting and instrumentation tubing. The supplied equipment will be used for developing a gas field. 

The deal amounts to 1.52 percent of DK-Lok’s revenue in 2015.

By Jung Min-kyung (mkj1105@heraldcorp.com)