KEP News and Press, Korea Electric Power Corporation From 09/18/23

2023-09-18 10:02:19 ET More on Korea Electric Power Historical earnings data for Korea Electric Power Financial information for Korea Electric Power Korea Electric Power: Still Bullish Considering Improved Outlook For further details see: Korea Electric P...

2023-08-03 10:39:09 ET Summary Korea Electric Power's Q2 2023 performance is expected to be better as compared to the first quarter, considering an electricity tariff hike and lower purchased power costs. KEP's high financial leverage isn't a major concern, taking into account Fit...

2023-06-27 11:48:20 ET Korea Electric Power ( NYSE: KEP ) +6% in Tuesday's trading as lower electricity purchase costs in South Korea raised hopes for an earnings recovery at the state-run utility. Korea Power Exchange data showed South Korea's May wholesale power price,...

2023-05-23 06:49:41 ET Summary KEP's new corporate restructuring plan and the resignation of its CEO have increased the chances of the company successfully securing meaningful electricity tariff hikes going forward. Korea Electric Power's recent Q1 2023 results suggest that cost p...

2023-05-12 08:35:13 ET Korea Electric Power ( NYSE: KEP ) CEO Cheong Seung-il offered to resign Friday, as the utility announced a major financial overhaul to stem mounting operating losses. The CEO has been under political pressure to step down and take responsibility for K...

Korea Electric Power Corporation Files 2022 Annual Report on Form 20-F PR Newswire NAJU, South Korea , April 28, 2023 /PRNewswire/ -- On April 28, 2023 , Korea Electric Power Corporation (NYSE: KEP) ("KEPCO") filed its annual report including audited consolid...

2023-03-09 07:40:08 ET Summary Korea Electric Power is expected to witness a narrowing of losses in 2023, prior to turning profitable in 2024. Actions taken by the Korean government like tariff hikes and the SMP cap should enable KEP to achieve a better set of results in the near ...

Korea Electric Power ( NYSE: KEP ) -10.3% in Tuesday's trading after shares in the South Korean state utility plummeted 11% on the country's benchmark Kospi index in their steepest daily decline since the 2008 financial crisis. The stock's plunge followed the government's decisi...

Summary Korea Electric Power's shares staged a strong recovery jumping by +49% in the past two months after hitting a new 52-week trough in late-October. The positive catalysts for KEP include tariff hikes, purchased power cost savings, asset sales, and capex optimization. I reitera...

Summary Korea Electric Power's most recent quarterly metrics were poor; Q2 2022 operating losses for the company widened on a YoY basis, and its gross financial leverage ratio rose to 179%. But there are positive changes for KEP, as seen with the recent actions taken by the govern...