S.Korea KEPCO, KOGAS to post major losses - report
SEOUL, Sept 8 (Reuters) - State-run Korea Electric Power Corp (015760.KS: Quote, Profile, Research, Stock Buzz) and Korea Gas Corp (036460.KS: Quote, Profile, Research, Stock Buzz) will be unable to pay dividends this year due to expected large-scale losses, local media quoted Seoul's energy minister as saying on Monday.
Minister of Knowledge and Economy Lee Youn-ho said major losses are inevitable for the energy companies even with government subsidies of over 1 trillion won, online news provider E-Daily reported.
(Reporting by Angela Moon; Editing by Keiron Henderson)
© Thomson Reuters 2008 All rights reserved
Ads by Career Builder
Energy Engineer
Details: ...Group, Inc. is seeking energy engineer to provide...addressing issues of energy management, energy conservation, and...
Electrical Superintendent-Wind Energy/ Site Projects Nationwide
Details: Your company is rapidly moving to becoming a leader in Wind Energy projects across the country. You’ll be working with your...
Energy Purchasing Analyst
Details: Cargill Energy and Risk Management...CERMS) manages the energy supply chain of...CERMS provides energy risk management and...
Senior Staff Residential Energy Engineer - Malta (Saratoga Sprin
Details: ...of residential energy efficiency programs including ENERGY STAR Products...expertise related to energy savings calculations...
Paulson on defense
