Korea Electric Power Corporation (NYSE:KEP) Q3 2024 Earnings Conference Call November 13, 2024 1:00 AM ET

Company Participants

Yang Si-young – Head of IR

Conference Call Participants

Pierre Lau – Citigroup

Operator

Good morning, and good evening. First of all, thank you all for joining this conference call. And now we will begin the conference of the Fiscal Year 2024 Third Quarter Earnings Results by KEPCO. This conference will start with a presentation followed by a divisional Q&A session. [Operator Instructions] Now we shall commence the presentation on the fiscal year 2024 third quarter earnings results by KEPCO.

Unidentified Company Representative

[Foreign Language] [interpreted] Good afternoon. My name is [Jang Nam Yong] (ph). I am the Head of Finance and Accounting Department of Korea Power Corporation. I would like to thank you for taking time out of your busy schedules to attend the IR conference call of the third quarter of 2024 of KEPCO.

Today’s conference call is going to be provided in both Korean and English. I am going to report to you the financial results and then take your questions. The financial results that we will present today are consolidated estimates based on IFRS and all comparisons are based on year-on-year basis unless otherwise mentioned. Also, the business plan and targets and estimates that we may mention during this conference call are the estimates at current point, so please understand there is uncertainty and risk in investment.

Now I’m going to present to you the accumulated profit and loss of the third quarter 2024 in Korean and in English afterwards.

Yang Si-young

[Foreign Language] [interpreted] Good afternoon. I am Yang Si-young. I am the Head of IR. Let us now look at the operating profit. The accumulated consolidated operating profit in the third quarter 2024 recorded KRW5,945.7 billion. Let’s look at the details. Our sales recorded

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