KEPCO E&C Reports Third-Quarter Net Loss of 1 Billion Won

KEPCO Engineering & Construction (E&C) Co. has announced a net loss of 1 billion won (US$761,926) for the third quarter, a significant shift from a profit of 11.3 billion won recorded in the same period last year. According to Yonhap News Agency, the company's operating profit for the July-September period was 10.8 billion won, marking a 32.2 percent decrease compared to the previous year. Despite the decline in profit, KEPCO E&C experienced a 22.2 percent increase in sales, reaching 144.6 billion won.