Quarterly ResultJun 16, 2026, 06:12 AM
Korea Electric Power Q1 Consolidated Sales 24.4T Won; Net Income 2.5T Won
AI Summary
Korea Electric Power Corporation (KEPCO) reported its first-quarter 2026 consolidated financial results, with sales increasing to 24,398 billion Won and net income rising to 2,519 billion Won. The company's board also approved the establishment of a foreign subsidiary for the Dawadmi Wind Power Project in Saudi Arabia, indicating strategic international expansion. Additionally, the board approved amendments to the Articles of Incorporation and the maximum aggregate remuneration for directors for 2026.
Key Highlights
- Consolidated sales for Q1 2026 reached 24,398 billion Won, up from 24,224 billion Won in Q1 2025.
- Consolidated operating profit for Q1 2026 was 3,784 billion Won, an increase from 3,754 billion Won in Q1 2025.
- Consolidated net income for Q1 2026 grew to 2,519 billion Won, compared to 2,362 billion Won in Q1 2025.
- Separate net income for Q1 2026 was 3,239 billion Won, significantly up from 2,824 billion Won in Q1 2025.
- The board approved the establishment of a foreign subsidiary for the Dawadmi Wind Power Project in Saudi Arabia.
- Total intellectual property, including patents, utility models, designs, and trademarks, reached 11,091 as of March 31, 2026.
- Dividend payments for fiscal year 2025 were 1,542 Won per share, totaling 989.9 billion Won.
- Electricity sales segment operating profit increased to 2,087 billion Won in Q1 2026 from 1,901 billion Won in Q1 2025.
Price Impact
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