Seoul: KEPCO KPS on Monday reported a second-quarter net profit of 38.3 billion won (US$27 million), marking a decline of 24.8 percent from the previous year.

According to Yonhap News Agency, the company, which specializes in maintenance engineering and power transmission services, submitted a regulatory filing indicating that its operating income for the April-June period fell by 33.6 percent compared to the same period last year, totaling 43.6 billion won. Additionally, the company's sales saw a decrease of 3.5 percent, amounting to 437.9 billion won.

The reported figures highlight the challenges faced by KEPCO KPS in maintaining its financial performance amidst fluctuating market conditions. The downturn in both net and operating income suggests potential impacts on the company's future strategy in the competitive plant solution sector.