Korea Electric Power Corporation filed a Form 6-K with the U.S. Securities and Exchange Commission on November 12, 2026, disclosing unaudited consolidated and separate results of operations for the third quarter and first nine months of fiscal year 2026.
Key Highlights
- Consolidated Q3 operating income declined: Operating income for the three months ended September 30, 2026 was 1,644 billion Korean Won, compared with 5,652 billion Korean Won in the same period of 2025, a change of -4,008 billion Korean Won.
- Consolidated Q3 net income: Net income for the July-September 2026 quarter was 836 billion Korean Won, down from 3,790 billion Korean Won in the year-prior quarter, a change of -2,954 billion Korean Won.
- Nine-month consolidated net income decreased: For the first nine months of 2026, consolidated net income was 3,632 billion Korean Won, versus 7,328 billion Korean Won for the same period in 2025, a change of -3,696 billion Korean Won.
- Separate Q3 operating loss reported: On a separate (non-consolidated) basis, KEPCO reported an operating loss of -99 billion Korean Won for Q3 2026, compared with operating income of 2,679 billion Korean Won in Q3 2025.
- Consolidated Q3 operating revenues: Operating revenues on a consolidated basis were 26,852 billion Korean Won for Q3 2026, compared with 27,572 billion Korean Won for Q3 2025, a change of -720 billion Korean Won.
- Results are unaudited preliminary estimates: According to the filing, the financial information is based on preliminary estimates and has not been audited or reviewed by KEPCO's independent accountants, KPMG Samjong Accounting Corp.
KEPCO's Third-Quarter and Nine-Month 2026 Financial Results
Korea Electric Power Corporation (NYSE:KEP) disclosed unaudited consolidated and separate financial results for the third quarter and first nine months of fiscal year 2026, prepared in accordance with Korean International Financial Reporting Standards (K-IFRS). The filing was signed by Vice President Joo, Hwa-Sik and dated November 12, 2026.
On a consolidated basis, the company reported operating revenues of 26,852 billion Korean Won for the three months ended September 30, 2026, compared with 27,572 billion Korean Won for the corresponding period in 2025. Consolidated income before income tax for Q3 2026 was 1,252 billion Korean Won, down from 5,349 billion Korean Won in Q3 2025. Net income attributable to owners of the company for the third quarter was 837 billion Korean Won, compared with 3,756 billion Korean Won a year earlier.
For the nine-month period ended September 30, 2026, the company reported consolidated operating revenues of 73,169 billion Korean Won versus 73,747 billion Korean Won in the prior-year period. Consolidated operating income for the first nine months of 2026 was 6,557 billion Korean Won, compared with 11,541 billion Korean Won for the same period in 2025. On a separate basis, KEPCO reported a Q3 2026 operating loss of -99 billion Korean Won and a net loss of -434 billion Korean Won for the same quarter, against separate-basis operating income of 2,679 billion Korean Won and net income of 1,818 billion Korean Won in Q3 2025. The filing noted that figures may not add up to relevant totals due to rounding.
What Was Disclosed
KEPCO submitted unaudited consolidated and separate income statement data for Q3 and the first nine months of 2026 under K-IFRS, showing year-over-year declines across operating revenues, operating income, and net income on both a consolidated and separate basis.




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