The Korea Herald

지나쌤

China Ocean Resources signs W20b supply contracts

By 윤정현

Published : Sept. 7, 2016 - 12:08

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[DISCLOSURE] China Ocean Resources (900050) announced on Sept. 7 that its subsidiary Fújiàn Province Lianjian Far-sea Fishery has signed a 10.36 billion won (US$9.46 million) contract with Fújiàn fishery and a 10.05 billion won contract with Fúzhōushì Fishery to supply fish. 

It amounts to 9.03 percent and 8.78 percent of its 2015 revenue, respectively. Both contracts expire on March 5, 2017.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)