Korea Electric Power Corp. (KEP) reported Thursday higher net profit in its fourth quarter, but operating income declined amid nearly flat sales. Profit and sales plunged sequentially.
In the overnight trading the shares were losing around 7.5 percent to trade at $20.63.
In South Korea, the shares were down around 7.6 percent, at 58,500.00 won.
In the quarter, net income attributable to shareholders of parent company climbed 37.5 percent to 1.40 trillion Korean won from 1.02 trillion won last year.
Operating income, meanwhile, fell 18 percent to 1.98 trillion won from 2.42 trillion won a year ago.
Sales for the quarter were 23.69 trillion won, up 0.7 percent from 23.53 trillion won last year.
Sequentially, net income declined 62.8% and operating income dropped 64.9% with a 14.1% decline in sales.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.