KEPCO Engineering Reports 44.1% Increase in Q2 Net Profit

SEOUL — KEPCO Engineering & Construction Co. announced a significant rise in its financial performance for the second quarter of 2024, marking a notable improvement over the previous year.

According to Yonhap News Agency, The company reported a net profit of 16.8 billion won (approximately US$12.2 million) for the quarter ending June 2024, which is a 44.1% increase from the same period last year. Operating income for the quarter was also up by 18%, totaling 13.2 billion won. Furthermore, KEPCO Engineering's sales grew by 6%, reaching 127.2 billion won, as detailed in their latest regulatory filing.

This financial uplift reflects the company's robust operational execution and strategic initiatives aimed at expanding its market presence and enhancing profitability.