KEPCO Plant Service & Engineering Q2 Net Profit Soars 66.4% to 40.7 Billion Won

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SEOUL, Aug. 9 (Yonhap) — KEPCO Plant Service & Engineering Co. on Wednesday reported a second-quarter net income of 40.7 billion won (US$30.9 million), a 66.4 percent surge compared to the year prior.

The company stated in a regulatory filing that operating income for the April-June period increased 71.1 percent year-on-year to 48.9 billion won. Sales rose 6.3 percent to 410 billion won.

The operating profit was 16.5 percent higher than the average forecast, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. There was no available estimate of net profit.
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