KEPCO Q2: Analysts Saw the Cut Coming — Just Not Half of It
KEPCO’s Q2 operating profit came in 42.5% below consensus. The gap has a name: coal rose 24% while the government kept the electricity tariff frozen.
How and when Korean companies report results – calendars, filing deadlines, and the mechanics of the Korean earnings cycle.
KEPCO’s Q2 operating profit came in 42.5% below consensus. The gap has a name: coal rose 24% while the government kept the electricity tariff frozen.
Korean Q2 earnings season is seven trading days long. Of the 60 companies that disclosed an IR schedule to the Korea Exchange, 58 report between August 6 and August 14 – the semi-annual filing deadline, 45 days after the half-year end. Fourteen report on August 12 alone. Samsung and SK Hynix already went in July. KEPCO still has no date.