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KEP - Korea Electric Power: Catalysts Are Still Intact
Korea Electric Power Corporation
2024-06-27 12:29:20 ET
Summary
It is highly probable that KEP will re-initiate dividends for the current fiscal year, judging by the positive read-throughs from the company's recent management commentary.
Korea Electric Power is likely to be in the black again in FY 2024, and a key earnings driver will be a higher nuclear power generation contribution.
I leave my existing Buy rating for KEP unchanged, as the catalysts for an earnings turnaround and dividend re-initiation are still intact.
Elevator Pitch
Korea Electric Power Corporation ( KEP ) [015760:KS] is still rated as a Buy....