KT’s Q1 Operating Profit Down 29.9% YoY to KRW 482.7 Billion
KT announced on the 12th that its consolidated Q1 revenue was KRW 6.7784 trillion and operating profit was KRW 482.7 billion. Revenue decreased by 1% and operating profit by 29.9% compared to the same period last year. Operating profit decreased due to a high base effect from one-off property sale gains in the previous year, but the decline was mitigated by improved performance from KT Estate and content group companies …