Korea Electric Power (KEP) has released an update.
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Korea Electric Power Corporation (KEPCO) has shown a significant financial turnaround, with a notable increase in operating profits from a loss of 6.45 trillion Won in the first nine months of 2023 to a profit of 5.95 trillion Won in the same period of 2024. This improvement is attributed to increased sales in both electricity and nuclear power generation sectors. Despite the positive financial performance, KEPCO did not declare any dividend for the fiscal year 2023.
For further insights into KEP stock, check out TipRanks’ Stock Analysis page.