Speaking at a parliamentary audit, KEPCO CEO Cho Hwan-eik said that this year’s consolidated operating profit is projected at between 10 trillion won and 11 trillion won.
He said that the fall in international oil prices and the cut in overseas operations costs contributed to the high operating profit projection.
|KEPCO CEO Cho Hwan-eik|
If the projections are met, KEPCO will break the 10 trillion won operating profit mark for the second consecutive year. In 2015, KEPCO’s consolidated operating profits came to 11.35 trillion won, and it posted a net profit of 13.31 trillion won.
By Choi He-suk (email@example.com)