SenKO signs 4.59 bn won digital twin platform deal with Busan Techno Park

SenKO disclosed on 23 October 2026 that it signed a contract with Busan Techno Park to build a digital twin integrated industrial complex control platform. The contract is worth 4,591,000,000 won excluding VAT, equal to 12.50% of SenKO's recent revenue of 36,725,295,188 won, according to digitaltoday.co.kr.

Under the long-term continuing contract, the total value including VAT is 6,370,100,000 won. The yearly amounts are 2.2 billion won through 31 December 2026, 3 billion won in 2027, and 1.1701 billion won from 1 January 2028 to 30 June 2028, each including VAT.

SenKO participates with its subsidiary UNI as a joint contractor with a 79.2782% share. SenKO's portion is 5,050,100,000 won including VAT. The contract period runs from 23 October 2026 to 30 June 2028, and the supply area is the Myeongji and Noksan national industrial complexes in Busan.

There is no down payment or advance payment, and the company may produce the platform in-house or through outsourcing.

Background

SenKO was listed on the KOSDAQ market on 29 October 2020. Its 2025 consolidated financials showed total assets of 713 billion won, liabilities of 135 billion won, capital of 578 billion won, revenue of 367 billion won, operating profit of 25 billion won and net profit of 47 billion won. Its share price was 1,716 won as of 5:50 pm on 23 October, down 61 won (-3.43%) from the previous day.