The earnings call presented a mix of positive and negative trends. Revenue and electricity sales saw modest growth, and there was a notable decrease in fuel costs and interest expenses. However, challenges include declining electricity sales volume, increased power purchase costs, and limited room for industrial tariff adjustments. The company is also considering tariff increases in other sectors to improve financial health.

Company Guidance

During the KEPCO fiscal year 2025 second quarter earnings call, the company provided a comprehensive overview of its financial performance and projections. The consolidated operating profit for the first half of 2025 was reported at KRW 889.5 billion, with revenue reaching KRW 46,174.1 trillion, marking a 5.5% increase. Electricity sales revenue was KRW 4.157 trillion, up by 5.9%, while other revenue, including publicly listed business income, decreased by 2.1% to KRW 2.016 trillion. The cost of sales and SG&A expenses amounted to KRW 40,284.6 trillion, a 2.3% decrease. Fuel costs saw a significant reduction, down 14.6% to KRW 9.252 trillion, whereas power purchase costs rose slightly by 1.1% to KRW 17,357.8 trillion. Depreciation expenses increased by 4.4% to KRW 5.878 trillion. The company also forecasted a slight decline in electricity sales volume for the full year due to economic factors, with a first-half sales volume of 28.4 terawatt hours. Coal prices were around $103.1 per ton, LNG prices were approximately KRW 1.05 million per tonne, and the system marginal price was around KRW 118.9 per kilowatt hour. KEPCO anticipates changes in its generation mix, with nuclear expected to decline, while coal and LNG remain steady or decrease slightly. The call also touched upon KEPCO's potential entry into the U.S. nuclear market and its ongoing efforts to stabilize corporate power markets. The company emphasized the necessity of tariff adjustments, particularly in non-industrial sectors, to improve financial health. Additionally, KEPCO is considering the introduction of a regionally differentiated tariff system by 2026.

Revenue Growth

Revenue was KRW 46,174.1 trillion, up by 5.5% year-over-year.

Electricity Sales Revenue Increase

Electricity sales revenue accounted for KRW 4.157 trillion, up by 5.9%.

Reduced Fuel Costs

Fuel costs decreased to KRW 9.252 trillion, down by 14.6%.

Lower Interest Expenses

Interest expenses amounted to KRW 2,211.3 trillion, down by KRW 72.8 billion from the same period last year.

Nuclear Generation Increase

Nuclear generation mix went up due to the introduction of a new power plant and increased utilization rates.

Korea Electric Power (KEP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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KEP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	1.69 / -	1.025	―	―	―
Aug 12, 2025	2025 (Q2)	0.60 / 0.64	0.036	1680.56% (+0.60)	―	―
May 13, 2025	2025 (Q1)	0.90 / 1.32	0.318	315.41% (+1.00)	―	―
Feb 28, 2025	2024 (Q4)	0.55 / 0.56	0.702	-20.51% (-0.14)	―	―
Nov 13, 2024	2024 (Q3)	0.74 / 1.02	0.465	120.43% (+0.56)	―	―
Aug 14, 2024	2024 (Q2)	>-0.01 / 0.04	-1.119	103.22% (+1.16)	―	―
May 10, 2024	2024 (Q1)	0.41 / 0.32	-2.908	110.94% (+3.23)	―	―
Feb 23, 2024	2023 (Q4)	-0.06 / 0.70	-4.528	115.50% (+5.23)	―	―
Nov 13, 2023	2023 (Q3)	0.51 / 0.47	-3.623	112.83% (+4.09)	―	―
Aug 11, 2023	2023 (Q2)	-1.35 / -1.12	-2.841	60.61% (+1.72)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

KEP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 12, 2025	$13.92	$14.08	+1.15%
May 13, 2025	$9.52	$9.16	-3.78%
Feb 28, 2025	$7.98	$7.30	-8.52%
Nov 13, 2024	$7.64	$7.96	+4.19%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Korea Electric Power Corp (KEP) report earnings?

Korea Electric Power Corp (KEP) is schdueled to report earning on Nov 17, 2025, TBA (Confirmed).

What is Korea Electric Power Corp (KEP) earnings time?

Korea Electric Power Corp (KEP) earnings time is at Nov 17, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is KEP EPS forecast?

KEP EPS forecast for the fiscal quarter 2025 (Q3) is 1.69.

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