Korea Electric Power may swing back to a loss in the fourth quarter
iM Securities expects Korea Electric Power to post an operating loss on higher fuel purchase costs. The shares fell 9.6% in the session, per Market Talk.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Analyst Yujin Jeon at iM Securities says state-run Korea Electric Power could record an operating loss of about 1.2 trillion won in the October-December quarter, after a profit of roughly 1.6 trillion won in the third quarter. The driver is higher fuel procurement spending, linked to elevated oil and liquefied natural gas prices. Jeon expects these costs to persist through the first half of 2027, while a tariff increase to offset them looks unlikely.
The brokerage cut its target price to 40,000 won from 48,000 won and kept its buy rating. Market Talk was the original publisher of these details. At the time of reporting, the shares were down 9.6% at 27,700 won.
why it matters
The story matters as a signal of margin pressure for South Korean power utilities, since fuel costs hit earnings directly when tariffs do not rise. The company's exposure to oil and LNG prices makes it a useful gauge for Asian energy markets.
market impact
Korea Electric Power shares: expected loss and higher fuel costs weigh on the stock
- Korea Electric Power shares pressure down — higher fuel costs and no tariff relief pressure expected profits
tags
instruments
sources
- Korea Electric Power Could Return to Loss in 4Q — Market Talk, 13 November 2026 at 01:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗