Korea Electric Power Set for Solid 3Q Earnings -- Market Talk

Dow Jones10-21

0454 GMT - Korea Electric Power is set to post solid 3Q earnings on lower fuel costs, LS Securities analyst Sung Jong-hwa writes in a note. The South Korean state utility's operating profit could rise 41% on year to 4.782 trillion won for the July-September period, largely in line with market consensus, amid stabilizing crude and other energy prices, Sung says. He expects the company to spend 20.388 trillion won in fuel purchases this year, down 9.5% from last year. The company, still sitting on significant debt despite a 2024 turnaround after three consecutive years of losses, may be able to restore its financial soundness until 2027, he adds. (kwanwoo.jun@wsj.com)

 

(END) Dow Jones Newswires

October 21, 2025 00:54 ET (04:54 GMT)

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