Korea Electric Power: Record Profit, Massive Debt Remains
Korea Electric Power’s Record Profit Masks a Looming Energy Transition Challenge Despite posting a record ₩13.5 trillion (approximately $10 billion USD) in operating profit for 2024, Korea Electric Power Corporation (KEPCO) remains burdened by a staggering ₩205 trillion in debt. This apparent paradox isn’t a sign of financial mismanagement, but a stark warning about the … Read more