The stock price of KEPCO Engineering & Construction is on the rise. Following the selection as the preferred negotiation partner for the Czech Republic order, expectations for the expansion of global nuclear power plant orders appear to be influencing the stock price.
As of 10:26 AM on the 18th, KEPCO Engineering & Construction is trading at 85,600 KRW, up 11.75% compared to the previous day.
Researcher Kwon Deok-min of Shin Young Securities stated, "The new nuclear power plant construction in the Czech Republic consists of a total of four units, and the total project sales are estimated to be about 30 trillion KRW. After the preferred negotiation partner is decided, a negotiation period of about 9 to 12 months will proceed, and related sales are expected to be recognized from the first half of 2025."
Researcher Kwon added, "Various order activities are underway in countries such as the Netherlands and Poland, and the pace of additional nuclear power plant orders may accelerate. This is an opportunity for the expansion of global nuclear power plant orders."
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