Korea Electric Still In Red
South Korean utility behemoth – Korea Electric Power Corporation (NYSE:KEP) – in the first quarter of 2012 digested an operating loss of KRW 105 billion (USD $0.09 billion), compared with an operating loss of KRW 476 billion (USD $0.41 billion) in the first quarter of 2011. The company continues to register operating losses mainly due [...]
South Korean utility behemoth – Korea Electric Power Corporation (NYSE:KEP) – in the first quarter of 2012 digested an operating loss of KRW 105 billion (USD $0.09 billion), compared with an operating loss of KRW 476 billion (USD $0.41 billion) in the first quarter of 2011. The company continues to register operating losses mainly due to increases in operating expenses, such as fuel cost and power purchase cost, which were not fully offset by increases in operating revenues related to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards