(Bloomberg) -- Korea Electric Power Corp. is aiming
for an operating profit margin of about 12 percent this year,
stanching four years of declines at the nation's biggest power
supplier.
Margins have been falling ``because fuel prices are rising
and electricity prices aren't,'' Moon Ho, the company's executive
vice president, said in an interview yesterday in Gwacheon, South
Korea. The company's operating margin fell from 23.6 percent in
2002 to 12.4 percent last year, according to data compiled by
Bloomberg.
Read more at Bloomberg Emerging Markets News
for an operating profit margin of about 12 percent this year,
stanching four years of declines at the nation's biggest power
supplier.
Margins have been falling ``because fuel prices are rising
and electricity prices aren't,'' Moon Ho, the company's executive
vice president, said in an interview yesterday in Gwacheon, South
Korea. The company's operating margin fell from 23.6 percent in
2002 to 12.4 percent last year, according to data compiled by
Bloomberg.
Read more at Bloomberg Emerging Markets News
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