HD Hyundai Advances Material Payments to Suppliers by Up to 12 Days Ahead of Chuseok

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HD Hyundai announced on the 17th that it will make early material payments of 376.2 billion won to support smooth fund management for partner companies ahead of Chuseok. The amount of payments to each affiliate is approximately 139.4 billion won for HD Hyundai Heavy Industries, approximately 86.5 billion won for HD Hyundai Samho, and approximately 71.1 billion won for HD Hyundai Electric. Refinery divisions such as HD Hyundai Oil Bank are approx…

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(Seoul = Yonhap News) Reporter Jang Hana = Ahead of the Chuseok holiday, HD Hyundai is paying 376.2 billion won in material costs to partner companies up to 12 days later than the originally scheduled payment date...

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HD Hyundai is making early payments for materials to its partner companies ahead of the Chuseok holiday. This is intended to help partner companies smoothly respond to the increased demand for funds ahead of the holiday. On the 17th, HD Hyundai announced that it plans to make early payments of 376.2 billion won in material costs to partner companies ahead of the Chuseok holiday. HD Hyundai Heavy Industries will make approximately 139.4 billion w…

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HD Hyundai announced on the 17th that it plans to make early payments of 376.2 billion won in material costs to its suppliers ahead of the Chuseok holiday.