Korea Electric Power ( (KEP) ) just unveiled an announcement.
On March 11, 2025, Korea Electric Power Corporation (KEPCO) filed its audit report for the fiscal year 2024, prepared in accordance with Korean International Financial Reporting Standards (K-IFRS). The report, which remains subject to shareholder approval, highlighted a key audit matter concerning the impairment of property, plant, and equipment (PP&E) in its electricity transmission and distribution business. This assessment was driven by a significant difference between the company’s market capitalization and the carrying amount of net assets, necessitating a detailed evaluation of the recoverable amount of its cash-generating units. The audit emphasized the complexity and judgment involved in estimating the value-in-use based on discounted cash flow forecasts, reflecting potential implications for KEPCO’s financial health and operational strategy.
More about Korea Electric Power
Korea Electric Power Corporation (KEPCO) operates in the energy sector, primarily focusing on electricity generation, transmission, and distribution. It serves as a major player in the Korean energy market, providing essential power services across the country.
YTD Price Performance: 14.82%
Average Trading Volume: 197,706
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.01B
See more data about KEP stock on TipRanks’ Stock Analysis page.