Korea Electric Power (NYSE:KEP) Posts Quarterly Earnings Results
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Korea Electric Power (NYSE:KEP) reported quarterly earnings of $0.63 EPS, exceeding analysts' expectations of $0.60. The company achieved a return on equity of 13.16% and a net margin of 5.53%. Following the earnings announcement, KEP's stock rose 0.4% to $13.50. The company has a market cap of $17.33 billion and a P/E ratio of 4.62. Recent hedge fund activity shows increased investment in KEP, although analysts have downgraded the stock from "strong-buy" to "buy."
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