An update from Korea Electric Power ( (KEP) ) is now available.
Korea Electric Power Corporation (KEPCO) announced its unaudited financial results for the fourth quarter and the year ended December 31, 2024. The results, prepared in accordance with Korean International Financial Reporting Standards, indicate an increase in total assets and equity compared to the previous year. KEPCO’s operating revenue for the year rose significantly, contributing to a positive operating income, a notable turnaround from the previous year’s loss. However, the net income showed a slight decrease in the fourth quarter compared to the same period in 2023. These financial outcomes reflect KEPCO’s improved operational efficiency and financial health, potentially impacting its market position and stakeholder confidence.
More about Korea Electric Power
Korea Electric Power Corporation (KEPCO) operates in the energy sector, primarily focusing on the generation, transmission, and distribution of electricity in South Korea. The company plays a crucial role in the country’s energy infrastructure, serving as a major utility provider.
YTD Price Performance: 19.46%
Average Trading Volume: 232,186
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.46B
For a thorough assessment of KEP stock, go to TipRanks’ Stock Analysis page.