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[6-K] Korea Electric Power Corp Current Report (Foreign Issuer)

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Korea Electric Power Corporation reported substantially stronger earnings for the first half of fiscal 2025 on a consolidated and separate basis, prepared under K-IFRS as preliminary, unaudited results. Consolidated revenue for Jan.-Jun. 2025 reached KRW 46,174 billion, up KRW 2,408 billion from the prior year, and consolidated operating income rose to KRW 5,889 billion (up KRW 3,339 billion). Consolidated net income was KRW 3,538 billion, versus KRW 710 billion a year earlier.

On a separate basis the company also moved from a loss to profit: Jan.-Jun. 2025 separate net income was KRW 3,085 billion (up KRW 2,948 billion year-over-year), and separate operating income improved to KRW 2,857 billion. These figures are preliminary estimates and have not been audited or reviewed by independent accountants.

Korea Electric Power Corporation ha registrato utili sostanzialmente più forti nel primo semestre fiscale 2025, sia su base consolidata che separata, redatti secondo i K-IFRS come risultati preliminari non sottoposti a revisione. I ricavi consolidati per il periodo gen.-giu. 2025 hanno raggiunto KRW 46,174 billion, in aumento di KRW 2,408 billion rispetto all'anno precedente, e il risultato operativo consolidato è salito a KRW 5,889 billion (in crescita di KRW 3,339 billion). L'utile netto consolidato è stato di KRW 3,538 billion, rispetto a KRW 710 billion un anno prima.

Su base separata la società è passata anch'essa da perdita a utile: l'utile netto separato per gen.-giu. 2025 è stato di KRW 3,085 billion (in aumento di KRW 2,948 billion su base annua), e il risultato operativo separato è migliorato a KRW 2,857 billion. Queste cifre sono stime preliminari e non sono state sottoposte a revisione o esame da parte di revisori contabili indipendenti.

Korea Electric Power Corporation informó ganancias sustancialmente más sólidas en el primer semestre fiscal 2025, tanto a nivel consolidado como separado, elaboradas según K-IFRS como resultados preliminares no auditados. Los ingresos consolidados de ene.-jun. 2025 alcanzaron KRW 46,174 billion, un aumento de KRW 2,408 billion respecto al año anterior, y el resultado operativo consolidado subió a KRW 5,889 billion (incremento de KRW 3,339 billion). El beneficio neto consolidado fue de KRW 3,538 billion, frente a KRW 710 billion un año antes.

A nivel separado la compañía también pasó de pérdidas a beneficios: el beneficio neto separado de ene.-jun. 2025 fue de KRW 3,085 billion (un aumento interanual de KRW 2,948 billion), y el resultado operativo separado mejoró hasta KRW 2,857 billion. Estas cifras son estimaciones preliminares y no han sido auditadas ni revisadas por contadores independientes.

한국전력공사(Korea Electric Power Corporation)는 K-IFRS에 따라 작성된 예비 미감사(잠정) 실적으로 2025 회계연도 상반기에 연결 및 별도 기준 모두에서 실적이 크게 개선되었다고 보고했습니다. 2025년 1~6월 연결 매출은 KRW 46,174 billion으로 전년 대비 KRW 2,408 billion 증가했고, 연결 영업이익은 KRW 5,889 billion으로(전년 대비 KRW 3,339 billion 증가) 상승했습니다. 연결 당기순이익은 KRW 3,538 billion으로 전년의 KRW 710 billion에서 크게 늘었습니다.

별도 기준에서도 회사는 적자에서 흑자로 전환했습니다: 2025년 1~6월 별도 당기순이익은 KRW 3,085 billion으로 전년 대비 KRW 2,948 billion 증가했으며, 별도 영업이익은 KRW 2,857 billion으로 개선되었습니다. 이 수치는 예비 추정치로 회계감사인에 의해 감사되거나 검토된 것이 아닙니다.

Korea Electric Power Corporation a annoncé des résultats sensiblement meilleurs au premier semestre de l'exercice 2025, tant au niveau consolidé que séparé, établis selon les K-IFRS et présentés comme des résultats préliminaires non audités. Les revenus consolidés pour janvier–juin 2025 se sont élevés à KRW 46,174 billion, en hausse de KRW 2,408 billion par rapport à l'année précédente, et le résultat d'exploitation consolidé a atteint KRW 5,889 billion (en progression de KRW 3,339 billion). Le résultat net consolidé s'est élevé à KRW 3,538 billion, contre KRW 710 billion un an auparavant.

Sur une base séparée, la société est également passée d'une perte à un bénéfice : le résultat net séparé pour janvier–juin 2025 était de KRW 3,085 billion (en hausse de KRW 2,948 billion en glissement annuel), et le résultat d'exploitation séparé s'est amélioré à KRW 2,857 billion. Ces chiffres sont des estimations préliminaires et n'ont pas été audités ni vérifiés par des experts-comptables indépendants.

Die Korea Electric Power Corporation meldete für das erste Halbjahr des Geschäftsjahres 2025 sowohl auf konsolidierter als auch auf separater Basis deutlich stärkere Ergebnisse; diese vorläufigen Zahlen wurden nach K-IFRS erstellt und sind nicht testiert. Die konsolidierten Umsatzerlöse für Jan.–Jun. 2025 beliefen sich auf KRW 46,174 billion, ein Anstieg um KRW 2,408 billion gegenüber dem Vorjahr, und das konsolidierte Betriebsergebnis stieg auf KRW 5,889 billion (plus KRW 3,339 billion). Der konsolidierte Nettogewinn betrug KRW 3,538 billion, nach KRW 710 billion im Vorjahr.

Auf separater Basis wechselte das Unternehmen ebenfalls von Verlust zu Gewinn: Das separate Nettoergebnis für Jan.–Jun. 2025 lag bei KRW 3,085 billion (plus KRW 2,948 billion im Jahresvergleich), und das separate Betriebsergebnis verbesserte sich auf KRW 2,857 billion. Diese Zahlen sind vorläufige Schätzungen und wurden nicht von unabhängigen Wirtschaftsprüfern geprüft oder testiert.

Positive
  • Consolidated net income increased to KRW 3,538 billion for Jan.-Jun. 2025, up KRW 2,828 billion versus Jan.-Jun. 2024
  • Consolidated operating income rose to KRW 5,889 billion for Jan.-Jun. 2025, an increase of KRW 3,339 billion year-over-year
  • Separate financials swung to profit: separate net income was KRW 3,085 billion for Jan.-Jun. 2025 versus KRW 137 billion in 2024
Negative
  • Results are preliminary and unaudited and have not been reviewed by independent accountants, which may lead to differences from final reported results
  • Company disclaimer states the Information may differ from actual results, reducing certainty until audited figures are released

Insights

TL;DR: KEPCO shows materially stronger top-line and profit performance in H1 2025, with consolidated net income jumping to KRW 3,538bn.

The reported consolidated results show meaningful year-over-year gains across revenue, operating income, and net income for both the quarter and first half. Consolidated operating income for Jan.-Jun. improved by KRW 3,339bn to KRW 5,889bn, and net income rose by KRW 2,828bn to KRW 3,538bn. These are sizable absolute improvements and are likely material for investor assessments of near-term earnings performance. Analysts should note the company prepared these as preliminary, unaudited K-IFRS figures.

TL;DR: Utility-scale results show sustained revenue growth and a swing to substantial profitability on both consolidated and separate statements.

KEPCO's consolidated revenue for the first half reached KRW 46,174bn and separate revenue reached KRW 45,461bn, each up over KRW 2.4tn year-over-year. The separate financials show a clear recovery from prior losses at the operating and pre-tax levels. These improvements, presented under K-IFRS, indicate stronger operating margins in the period covered. However, the data are preliminary and unaudited, which limits definitive operational conclusions until final, audited statements are available.

Korea Electric Power Corporation ha registrato utili sostanzialmente più forti nel primo semestre fiscale 2025, sia su base consolidata che separata, redatti secondo i K-IFRS come risultati preliminari non sottoposti a revisione. I ricavi consolidati per il periodo gen.-giu. 2025 hanno raggiunto KRW 46,174 billion, in aumento di KRW 2,408 billion rispetto all'anno precedente, e il risultato operativo consolidato è salito a KRW 5,889 billion (in crescita di KRW 3,339 billion). L'utile netto consolidato è stato di KRW 3,538 billion, rispetto a KRW 710 billion un anno prima.

Su base separata la società è passata anch'essa da perdita a utile: l'utile netto separato per gen.-giu. 2025 è stato di KRW 3,085 billion (in aumento di KRW 2,948 billion su base annua), e il risultato operativo separato è migliorato a KRW 2,857 billion. Queste cifre sono stime preliminari e non sono state sottoposte a revisione o esame da parte di revisori contabili indipendenti.

Korea Electric Power Corporation informó ganancias sustancialmente más sólidas en el primer semestre fiscal 2025, tanto a nivel consolidado como separado, elaboradas según K-IFRS como resultados preliminares no auditados. Los ingresos consolidados de ene.-jun. 2025 alcanzaron KRW 46,174 billion, un aumento de KRW 2,408 billion respecto al año anterior, y el resultado operativo consolidado subió a KRW 5,889 billion (incremento de KRW 3,339 billion). El beneficio neto consolidado fue de KRW 3,538 billion, frente a KRW 710 billion un año antes.

A nivel separado la compañía también pasó de pérdidas a beneficios: el beneficio neto separado de ene.-jun. 2025 fue de KRW 3,085 billion (un aumento interanual de KRW 2,948 billion), y el resultado operativo separado mejoró hasta KRW 2,857 billion. Estas cifras son estimaciones preliminares y no han sido auditadas ni revisadas por contadores independientes.

한국전력공사(Korea Electric Power Corporation)는 K-IFRS에 따라 작성된 예비 미감사(잠정) 실적으로 2025 회계연도 상반기에 연결 및 별도 기준 모두에서 실적이 크게 개선되었다고 보고했습니다. 2025년 1~6월 연결 매출은 KRW 46,174 billion으로 전년 대비 KRW 2,408 billion 증가했고, 연결 영업이익은 KRW 5,889 billion으로(전년 대비 KRW 3,339 billion 증가) 상승했습니다. 연결 당기순이익은 KRW 3,538 billion으로 전년의 KRW 710 billion에서 크게 늘었습니다.

별도 기준에서도 회사는 적자에서 흑자로 전환했습니다: 2025년 1~6월 별도 당기순이익은 KRW 3,085 billion으로 전년 대비 KRW 2,948 billion 증가했으며, 별도 영업이익은 KRW 2,857 billion으로 개선되었습니다. 이 수치는 예비 추정치로 회계감사인에 의해 감사되거나 검토된 것이 아닙니다.

Korea Electric Power Corporation a annoncé des résultats sensiblement meilleurs au premier semestre de l'exercice 2025, tant au niveau consolidé que séparé, établis selon les K-IFRS et présentés comme des résultats préliminaires non audités. Les revenus consolidés pour janvier–juin 2025 se sont élevés à KRW 46,174 billion, en hausse de KRW 2,408 billion par rapport à l'année précédente, et le résultat d'exploitation consolidé a atteint KRW 5,889 billion (en progression de KRW 3,339 billion). Le résultat net consolidé s'est élevé à KRW 3,538 billion, contre KRW 710 billion un an auparavant.

Sur une base séparée, la société est également passée d'une perte à un bénéfice : le résultat net séparé pour janvier–juin 2025 était de KRW 3,085 billion (en hausse de KRW 2,948 billion en glissement annuel), et le résultat d'exploitation séparé s'est amélioré à KRW 2,857 billion. Ces chiffres sont des estimations préliminaires et n'ont pas été audités ni vérifiés par des experts-comptables indépendants.

Die Korea Electric Power Corporation meldete für das erste Halbjahr des Geschäftsjahres 2025 sowohl auf konsolidierter als auch auf separater Basis deutlich stärkere Ergebnisse; diese vorläufigen Zahlen wurden nach K-IFRS erstellt und sind nicht testiert. Die konsolidierten Umsatzerlöse für Jan.–Jun. 2025 beliefen sich auf KRW 46,174 billion, ein Anstieg um KRW 2,408 billion gegenüber dem Vorjahr, und das konsolidierte Betriebsergebnis stieg auf KRW 5,889 billion (plus KRW 3,339 billion). Der konsolidierte Nettogewinn betrug KRW 3,538 billion, nach KRW 710 billion im Vorjahr.

Auf separater Basis wechselte das Unternehmen ebenfalls von Verlust zu Gewinn: Das separate Nettoergebnis für Jan.–Jun. 2025 lag bei KRW 3,085 billion (plus KRW 2,948 billion im Jahresvergleich), und das separate Betriebsergebnis verbesserte sich auf KRW 2,857 billion. Diese Zahlen sind vorläufige Schätzungen und wurden nicht von unabhängigen Wirtschaftsprüfern geprüft oder testiert.

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the Month of August 2025

Commission File Number 001-13372

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58322, Korea

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 
 


Korea Electric Power Corporation (“KEPCO”) hereby announces its unaudited consolidated and separate results of operation for the first half of the fiscal year 2025 prepared in accordance with Korean International Financial Reporting Standards (K-IFRS) as shown below.

Disclaimer:

The financial information relating to the unaudited consolidated and separate results of operations of KEPCO for the first half of the fiscal year 2025 as presented below (the “Information”) has been prepared by KEPCO based on preliminary estimates and in accordance with K-IFRS. The Information has been neither audited nor reviewed by KEPCO’s independent accountants, KPMG Samjong Accounting Corp., or any other independent public accountants. The Information may differ from the actual results of operations of KEPCO, and accordingly should not be relied upon for investment or other purposes.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the second three-month and the first half period ended June 30, 2025 and 2024

 

(Unit : in billions of Korean Won)

   2025
Apr.-Jun.
     2024
Apr.-Jun.
     Change      2025
Jan.-Jun.
     2024
Jan.-Jun.
     Change  

Operating revenues

     21,950        20,474        1,476        46,174        43,766        2,408  

Operating income (loss)

     2,136        1,250        886        5,889        2,550        3,339  

Income (Loss) before income tax

     1,665        349        1,316        4,897        1,087        3,810  

Net income (loss)

     1,176        114        1,062        3,538        710        2,828  

Net income (loss) attributable to owners of the company

     1,137        65        1,072        3,465        627        2,838  

CONDENSED SEPERATE STATEMENTS OF COMPREHENSIVE INCOME

For the second three-month and the first half period ended June 30, 2025 and 2024

 

(Unit : in billions of Korean Won)

   2025
Apr.-Jun.
     2024
Apr.-Jun.
     Change      2025
Jan.-Jun.
     2024
Jan.-Jun.
     Change  

Operating revenues

     21,600        20,212        1,388        45,461        42,994        2,467  

Operating income (loss)

     957        -93        1,050        2,857        1,169        1,688  

Income (Loss) before income tax

     381        -641        1,022        3,593        102        3,491  

Net income (loss)

     261        -456        717        3,085        137        2,948  

 

*

The figures may not add up to the relevant total numbers due to rounding.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

By:  

/s/ Joo, Hwa-Sik

Name: Joo, Hwa-Sik
Title: Vice President

Date: August 12, 2025

FAQ

What were KEPCO's consolidated revenues for the first half of 2025?

Consolidated revenue for Jan.-Jun. 2025 was KRW 46,174 billion, up KRW 2,408 billion from Jan.-Jun. 2024.

How much net income did KEPCO report for H1 2025 on a consolidated basis?

Consolidated net income for Jan.-Jun. 2025 was KRW 3,538 billion, compared with KRW 710 billion in the prior-year period.

Did KEPCO report a profit or loss on a separate basis for H1 2025?

KEPCO reported a separate net income of KRW 3,085 billion for Jan.-Jun. 2025, up from KRW 137 billion in Jan.-Jun. 2024.

Are these KEPCO results audited?

No. The results are stated to be preliminary estimates prepared under K-IFRS and have not been audited or reviewed by independent accountants.

What accounting standards were used for the reported results?

The results were prepared in accordance with K-IFRS (Korean International Financial Reporting Standards).
Korea Electric Power

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