Monday, November 29

Rising fuel costs, freezing electricity rates… KEPCO lost 936.7 billion won in the third quarter

Korea Electric Power Corporation (KEPCO) posted an operating loss of more than 900 billion won in the third quarter due to the rise in fuel prices for power generation and the resulting increase in costs, continuing the loss for two consecutive quarters. The accumulated loss up to the third quarter of this year was estimated at 1.129.8 trillion won. KEPCO announced on the 12th that the accumulated operating profit for the third quarter was 1.129.8 trillion won, down 4.282.4 trillion won from 3.152.6 trillion won in the same period of the previous year. 2

Reference-www.hani.co.kr

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