The stock price of KEPCO KPS is on the rise. The expectation that new nuclear power plants will begin to increase significantly starting this year appears to be influencing the stock price.
As of 10:55 AM on the 15th, KEPCO KPS is trading at 35,600 KRW, up 4.55% compared to the previous day. After hitting a short-term low of 33,050 KRW on the 4th, it has been steadily climbing.
On this day, KB Securities researcher Jeong Hye-jeong explained, "KEPCO KPS's fourth-quarter performance last year greatly exceeded market expectations," adding, "The scale of sales increased in most business sectors except for the nuclear power plant maintenance division." She further noted, "The increase in costs was relatively limited, improving profitability."
Researcher Jeong predicted long-term growth opportunities with the expansion of the nuclear power market. She said, "Following the three nuclear power plants currently under construction, the draft of the 11th Basic Plan for Electricity Supply and Demand is expected to include about four new domestic nuclear power plants." Additionally, she emphasized, "Poland and the Czech Republic are also awaiting contract signing and final project selection schedules within this year for their nuclear power plants." She added, "We will participate in bids targeting countries planning to introduce new nuclear power plants, including Namafeurikagonghwaguk (South Africa)," and "We are continuing efforts to export nuclear power plants overseas."
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