Daedong disclosed Tuesday that it has signed a powertrain supply contract with Tumosan Motor Ve Traktor Sanayi Anonim Sirketi for tractors in the 45, 50 and 57 horsepower range.
The contract is valued at 46.54 billion won ($30.4 million), equivalent to 3.13 percent of the company's 2025 sales.
The agreement runs through July 5, 2031.
jiyoon436@heraldcorp.com