Korea Electric Power (KRX:015760) posted fourth-quarter net income attributable to shareholders of 1.396 trillion won, up 38% from 1.016 trillion won a year earlier, according to a Friday filing with the Korea Exchange.
Sales of the state-owned electricity supplier rose 0.7% year over year to 23.7 trillion won from 23.5 trillion won.
Shares of Korea Electric Power fell nearly 8% in recent trade.