This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Korea Electric Power Management Discusses Q2 2012 Results - Earnings Call Transcript

As a result of the foregoing, we recorded consolidated net loss of KRW1.78 trillion in 2012, the amount of loss increased by KRW698 billion, from net loss of KRW1.09 trillion in 2011.

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

[Foreign Language – Korean]

[Interpreted]

Now let me move on to the Q&A session.

I'm joined with KEPCO's IR committee members in charge of finance, tariff, et cetera. We are prepared to take any questions.

[Foreign Language – Korean]

[Interpreted] Since we will proceed in both Korean and English, all the questions will be translated. So please ensure your questions and answers are brief.

[Foreign Language – Korean]

[Interpreted] Please begin.

Question-and-Answer Session

Operator



[Foreign Language – Korean]

[Interpreted] Please begin.

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

Operator

[Foreign Language – Korean]

[Interpreted]

The first question will be given by (inaudible). Please go ahead sir.

Unidentified Analyst

[Foreign Language – Korean]

[Interpreted]

So I have two questions. This question is, what is the amount of account receivable you have accumulated until the second quarter of this year. Second question is, what is the time lag between the actual fuel cost and the market price of a spot commodity.

Cecilia Oh

[Foreign Language – Korean]

[Interpreted]

So in the second quarter that is from the April to June of this year, the cumulative account receivable from the cost system is KRW618.5 billion.

[Foreign Language – Korean]

[Interpreted]

Next is, answering your second question.

Chang-Keun Shin

[Foreign Language – Korean]

[Interpreted]

My name is Chang-Keun Shin from (inaudible). To answer your second question, I will base my number on the purchase unit price of the cumulus core for the first half of this year which is at $120.47. This level is mix of long term and short term purchase price is significantly different from international stock price but generally we can safely say that there is about $2 to $4 gap.

Read the rest of this transcript for free on seekingalpha.com

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs