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K-water is top level total water service company.
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Overview

트위터 페이스북

Duties

  • Construction, operation, and management of facilities for the comprehensive use and development of water resources
  • Construction and management of metropolitan waterworks (including industrial waterworks) facilities
  • Development of industrial complexes and special-purpose zones
  • Contracted-out operation of local waterworks and sewage
  • Construction, operation, and management of renewable energy facilities

History

  • Nov. 16, 1967: Korea Water Resources Development Corporation established
  • Feb. 1, 1974: Reorganized into the Industrial Sites and Water Resources Development Corporation
    (Oct. 15, 1974: Headquarters relocated from Seoul to Daejeon)
  • Jul. 1, 1988: Reorganized into the Korea Water Resources Corporation
    (Law No.3997, Korea Water Resources Corporation Act enacted on Dec. 4, 1987)
  • June 8, 2018: National Government Organization Act (revised)
    (Transferred under the Ministry of Environment)

Capital

  • Legal Capital: KRW 15 trillion
  • Paid-in Capital: KRW 10.6410 trillion(as of Dec.31. 2023)
Components of Ownership : KRW 0.6410 trillion - Government 10.0326 trillion (94.3%), Korea Development Bank 608.4 billion(5.7%)

Organization and Staff

  • Headquarter : one vice-president, 5 divisions, 3 head offices(department,Institute), 37 department(office)
  • On-Site Branches : 7 head offices, 25 departments(center, Institute), 81 brances(Institute)

(Unit: Person)

Organization and Staff
Total Senior Executives Grade 1 Grade 2 Grade 3-5 Grade 6-8 Specialized
Positions
6,364 7 59 390 3,678 163 2,067

Finance and Budget

Overview of Assets and Debts (based on the 2022 Financial Statement)

Assets : KRW 23,180.3 billion, Debts : KRW 12,398.3 billion (debt ratio: 115%)

Debt Trend 2020 138,350 152.6% / 2021 135,473 137.0% / 2022 123,983 115.0%

Assets, Debts, and Capital (Unit: KRW 100 Million)

Assets, Debts, and Capital
Assets Debts Capital
138,350 135,473 123,983

Overview of Profit and Loss (based on the 2022 Financial Statement)

Current Term Net Profit : KRW 407.4 billion

Net Profit Trend 2020 3,186 / 2021 3,421 / 2022 4,074

Current Term Net Profit (Unit: KRW 100 Million)

Current Term Net Profit
2020 2021 2022
3,186 3,421 4,074

Profit and Cost (Unit: KRW 100 Million)

Profit and Cost
Total Revenue Total Cost Net Profit
52,928 48,854 4,074

Overview of Budget

Size of the 2024 Budget : KRW 6.7287 trillion

(Unit: KRW 100 Million)

Overview of Budget
Types 2023 Budget
(A)
2024 Budget
(B)
Increase
(B-A) %
Total 72,115 67,287 △4,828 △6.7
Investment Projects 22,896 23,539 643 2.8
Managed Projects 49,219 43,748 △5,471 △11.1