This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Korea Electric Power Management Discusses Q1 2012 Results - Earnings Call Transcript

We had KRW 66 billion income tax expense, which was KRW 131 billion rise compared to the year before, mainly due to a raise in corporate tax rate and improved net income of our subsidiary. As a result of the foregoing, we recorded consolidated net loss of KRW 538 billion in 2012, with slightly improved by KRW 12 billion, from net loss of KRW 550 billion in 2011.

This concludes the overview of KEPCO’s earnings results for the first quarter of 2012.

[Foreign Language – Korean]

[Interpreted] Now, let me move on to the Q&A session.

[Foreign Language – Korean]

[Interpreted] I am joined with the IR committee members, in charge of finance, tariff, overseas business et cetera. We are prepared to take any questions.

[Foreign Language – Korean]

[Interpreted] Since we will proceed in both Korean and English, all the Q&As will be interpreted. Please ensure your questions and answers are brief and clear.

[Foreign Language – Korean]

[Interpreted] Please begin with your questions.

Question-and-Answer Session


[Foreign Language – Korean]


Now Q&A session will begin. (Operator instructions)


[Foreign Language – Korean]


The first question will be given by [inaudible]. Please go ahead sir.

Unidentified Analyst

[Foreign Language – Korean]


Yes, I have 4 questions. The first one is in the operating losses, the accounts receivables were reflected, or will we have to add-on additionally the accounts receivable to come up with the total operating loss. The second question is can you give us the figures segregated by month from the month of January to March. Third question is specifically for the month of March we see that the S&P prices have been increased, is this possibly due to the interrupted operations of Kori-1 unit and the [inaudible] nuclear power plant unit IV, and that caused the power purchase to be increased in volume, and therefore costing up the price. The fourth question is in terms of sales related costs, could you give us a segregated figure for the sales and administrative costs, SG&A costs?

Read the rest of this transcript for free on

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.64 -0.11%
FB $118.57 0.84%
GOOG $698.21 0.75%
TSLA $241.80 0.43%
YHOO $36.53 -0.19%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs