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Keyword:Nuclear Maintenance
KEPCO KPS Q2 Results Miss Expectations; Nuclear Maintenance Demand Expected to Drive Recovery in H2
KEPCO KPS's Q2 results significantly missed market expectations, mainly due to factors such as extended long-term planned preventive maintenance cycles for nuclear power plants and a reduction in external and overseas variable works. Data shows that the company's preliminary Q2 sales stood at KRW 437.9 billion, down 3.5% year-on-year; operating profit was KRW 43.6 billion, down 33.6% year-on-year, approximately 30.1% below market consensus; net profit attributable to controlling shareholders was KRW 38.3 billion, down 24.8% year-on-year. The operating margin fell to 10.0%, down 4.5 percentage points from the same period last year, indicating pressure on both the revenue side and, to some extent, the cost side. The nuclear maintenance business was one of the key factors dragging down Q2 performance. In Q2...
2026-08-11
He Liuyi, Deputy Secretary of the Party Committee and General Manager of Daya Bay Nuclear Power Operations and Management Co., Ltd., along with Board Directors, Visits CGN Nuclear Maintenance for Investigation
On August 4, He Liuyi, Deputy Secretary of the Party Committee and General Manager of Daya Bay Nuclear Power Operations and Management Co., Ltd., along with Directors Wu Zijian, Cao Dongqing, and Huang Yong, visited the Qingdao base of CGN Nuclear Maintenance for investigation. Ouyang Wu, Member of the Party Committee, Chief Accountant, and Secretary to the Board of Directors of Daya Bay Nuclear Power Operations and Management Co., Ltd., Li Xiaowei, Member of the Party Committee and Deputy General Manager, and Ma Gang, Director of Guangdong Nuclear Power Joint Venture Co., Ltd., accompanied the visit. Dong Juncheng, Secretary of the Party Committee and Chairman of the Company, presided over the meeting. At the meeting, Dong Juncheng provided a detailed introduction to the company's products and services, mission and honors, Party building, industrial layout, core nuclear power maintenance technologies, achievements in building the national nuclear emergency response team, and the...
2026-08-06