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View Full Version : Korea Electric Posts Loss as Weak Won Drives Up Costs - Bloomberg



NewsWhore
04-16-2009, 12:50 AM
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Korea Electric Posts Loss as Weak Won Drives Up Costs (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dacw0zTwW0W.c%26refer%3Dhome&cid=1334092818&ei=l7rmSd3nH4LGsgbgw-yACA&usg=AFQjCNGpPBClSyatBHTHcYv6ifdkpAGHhA)
Bloomberg
The cost of fuel jumped 32 percent from a year earlier as the local currency declined, eroding much of the benefit of a 56 percent drop in the average price of oil. Power sale volumes dropped 2.3 percent as the recession cut demand. ...


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