Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  Korea Electric Power Corporation    A015760   KR7015760002

KOREA ELECTRIC POWER CORPORATION

(A015760)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Korea Electric Power : Posted Profit for Second Quarter on Lower Fuel Costs

share with twitter share with LinkedIn share with facebook
08/13/2020 | 03:42am EDT

By Kwanwoo Jun

Korea Electric Power Corp. posted a net profit for the second consecutive quarter, thanks to globally lower fuel costs for its power plants.

Net profit was 202.85 billion won ($171.4 million), compared with net loss of KRW412.18 billion a year earlier, the South Korean company said Thursday. That beat a FactSet consensus forecast for net loss of KRW458.59 billion.

Revenue was roughly flat at KRW13.073 trillion, as the company posted an operating profit of KRW389.81 billion, compared with an operating loss of KRW298.66 billion a year earlier.

The company said a sharp reduction in fuel-purchase costs drove the earnings turnaround despite sluggish sales growth on the pandemic-induced weakness in electricity demand.

 

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

 


Stocks mentioned in the article
ChangeLast1st jan.
KOREA ELECTRIC POWER CORPORATION -1.22% 20300 End-of-day quote.-26.98%
POWER CORPORATION OF CANADA 1.18% 25.65 Delayed Quote.-24.22%
share with twitter share with LinkedIn share with facebook
All news about KOREA ELECTRIC POWER CORPORATION
10/21Investors heap pressure on Vietnam's Vung Ang 2 coal power project
RE
10/12KOREA ELECTRIC POWER : Investor Presentation (October 2020)
PU
08/13KOREA ELECTRIC POWER : Posted Profit for Second Quarter on Lower Fuel Costs
DJ
08/06KOREA ELECTRIC POWER CORPORATION : half-yearly earnings release
07/16Indonesian coal plant taints South Korea's green pledge
RE
06/05KOREA ELECTRIC POWER : 1Q Earnings Snapshot
AQ
05/15Korea Electric Power Posts 1Q Profit on Lower Oil Prices
DJ
03/25South Korea first-quarter thermal coal imports set for 10-year low on anti-po..
RE
03/12KOREA ELECTRIC POWER : SEC Filing (6-K/a) - Current Report by Foreign Issuer (Am..
PU
2019KOREAN COMPANY TO INVEST $ 1 BLN IN : Finance Minister
AQ
More news
Financials
Sales 2020 58 326 B 51,6 B 51,6 B
Net income 2020 1 613 B 1,43 B 1,43 B
Net Debt 2020 68 072 B 60,2 B 60,2 B
P/E ratio 2020 8,33x
Yield 2020 3,12%
Capitalization 13 032 B 11 497 M 11 533 M
EV / Sales 2020 225x
EV / Sales 2021 223x
Nbr of Employees -
Free-Float 81,5%
Chart KOREA ELECTRIC POWER CORPORATION
Duration : Period :
Korea Electric Power Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends KOREA ELECTRIC POWER CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Average target price 26 869,57 KRW
Last Close Price 20 300,00 KRW
Spread / Highest target 72,4%
Spread / Average Target 32,4%
Spread / Lowest Target -1,48%
EPS Revisions
Managers
NameTitle
Jong-Kap Kim President, Chief Executive Officer & Director
Jeong-soo Kim Head of Finance & IR Team
Jong-Hwan Lee Head-Technological Innovation
Bong-Su Mun Director & Head-Power Grid
Jwa-Kwan Kim Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
KOREA ELECTRIC POWER CORPORATION-26.98%11 629
NEXTERA ENERGY22.99%145 873
ENEL S.P.A.-1.73%83 043
IBERDROLA, S.A.12.58%74 443
DOMINION ENERGY, INC.-3.65%66 972
DUKE ENERGY CORPORATION-0.25%66 910