Korea Electric Power Corp. ADR (KEP) News
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Latest KEP News From Around the Web
Below are the latest news stories about KOREA ELECTRIC POWER CORP that investors may wish to consider to help them evaluate KEP as an investment opportunity.
Korea Electric Power Reports Strong Financial ReboundKorea Electric Power (KEP) has released an update. Korea Electric Power Corporation (KEPCO) has shown a significant financial turnaround, with a notable increase in operating profits from a loss of 6.45 trillion Won in the first nine months of 2023 to a profit of 5.95 trillion Won in the same period of 2024. This improvement is attributed to increased sales in both electricity and nuclear power generation sectors. Despite the positive financial performance, KEPCO did not declare any dividend for |
Korea Electric Power Secures Major Saudi Power DealsKorea Electric Power (KEP) has released an update. Korea Electric Power Corporation (KEPCO) has entered into significant power purchase and project development agreements for the Rumah 1 and Nairyah 1 gas combined cycle power plant projects in Saudi Arabia. The contracts, involving KEPCO and Saudi Power Procurement Company, are valued at over $9.9 billion in total revenue, with KEPCO’s equity share totaling nearly $3 billion. These agreements are set to run until May 2053, marking a substantial |
KEPCO’s Revenue Surge Highlights Strong Q3 PerformanceKorea Electric Power (KEP) has released an update. Korea Electric Power Corporation (KEPCO) reported a notable increase in operating revenues for the third quarter of 2024, reaching 26,103 billion Korean Won, a rise from 24,470 billion Korean Won in the same period last year. The company’s net income also showed significant improvement, with figures climbing to 1,880 billion Korean Won compared to 833 billion Korean Won in the previous year. These results reflect a strong financial performance, |
Korea Electric Power: Q2 Earnings SnapshotNAJU-SI, Korea, Republic Of (AP) — Korea Electric Power Corp. KEP) on Monday reported profit of $47.5 million in its second quarter. On a per-share basis, the Naju-Si, Korea, Republic Of-based company said it had net income of 4 cents. |
UPDATE 1-South Korea's KEPCO in talks to build UK nuclear plant, FT reportsSouth Korea's Korea Electric Power Corp (KEPCO) is in talks with the British government to build a nuclear power station off the coast of Wales, the Financial Times reported on Sunday. The state utility has held early-stage discussions with British officials at the Wylfa site in Anglesey, the newspaper said. Asked for comment, a Department for Energy Security and Net Zero spokesperson said Andrew Bowie, Britain's minister for nuclear and renewables, would meet KEPCO in London in the coming week without specifying the purpose. |
Restaking Protocol Kelp DAO Brings Liquidity to EigenLayer PointsKelp DAO's newly announced kelp earned points (KEP) token brings liquidity to EigenLayer Points. |