Most Popular
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Jung's paternity reveal exposes where Korea stands on extramarital babies
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Samsung entangled in legal risks amid calls for drastic reform
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Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
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[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
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[Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
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Seoul blanketed by heaviest Nov. snow, with more expected
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K-pop fandoms wield growing influence over industry decisions
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[Graphic News] International marriages on rise in Korea
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Korea's auto industry braces for Trump’s massive tariffs in Mexico
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Korea Electric Power Corp., a major public utility firm in South Korea, announced Monday that its operating profit increased 5.8 percent on-year in 2016.
The company, widely known as KEPCO, posted 12 trillion won ($10.5 billion) in operating profit, with its full-year revenue growing 2.1 percent to 60.1 trillion won.
But its net profit plunged 45.5 percent to 7.3 trillion won in 2016 from a year earlier mainly on a base effect.
The electricity supplier's net profits sharply widened to 13.4 trillion won in 2015, boosted by reduced fuel costs and the sale of its main building in the affluent Gangnam Ward to Hyundai Motor Group. (Yonhap)
