Korea Electric Power Corp. said its normalized net income for the second quarter came to 520.80 South Korean won per share, compared with the S&P Capital IQ consensus estimate of 489.99 won per share.
EPS declined 77.2% year over year from 2,283.08 won.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 334.33 billion won, a decline of 77.2% from 1.466 trillion won in the year-earlier period.
The normalized profit margin dropped to 2.6% from 11.0% in the year-earlier period.
Total revenue decreased on an annual basis to 12.806 trillion won from 13.373 trillion won, and total operating expenses increased 14.2% from the prior-year period to 12.079 trillion won from 10.574 trillion won.
Reported net income fell 81.0% on an annual basis to 327.17 billion won, or 509.63 won per share, from 1.726 trillion won, or 2,689.48 won per share.
As of Sept. 7, US$1 was equivalent to 1,127.76 South Korean won.