Angry KEPCO shareholders - The Korea Times

Angry KEPCO shareholders

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Individual shareholders stage a rally in front of a Korea Electric Power Corp. (KEPCO) branch in Gangnam-gu, Seoul, Monday, denouncing KEPCO CEO Kim Jong-kap for the state-run power distributor's continued operating losses and resultant share price downturn. KEPCO's share price peaked at 63,700 won in August 2016, but has been declining to end at 25,400 won on Monday. The company logged a 629.9 billion won operating loss in the first quarter of this year. Yonhap

Nam Hyun-woo

Nam Hyun-woo has worked as a staff writer at The Korea Times since 2013, mostly covering business and politics. He currently belongs to the Business Desk where he covers topics such as emerging tech, AI, ICT and Korea's chaebol community. Prior to joining the team, he was the paper's correspondent for the presidential office of Korea during the Yoon Suk Yeol and Moon Jae-in administrations.

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