My earlier April 4, 2024 write-up touched on the favorable and unfavorable read-throughs from the latest events concerning KT. In the current article, I draw attention to the multiple positives for KT Corporation. These include a positive capital return outlook, an improvement in competitive dynamics for the company's telecommunications business, and a new partnership with Microsoft (MSFT). As such, KT is deserving of a rating upgrade to a Buy. Elevator Pitch Shareholder Capital Return Outlook Has Turned Po ...

Soojin Kim - Mirae Securities Jisoo Jeong - Meritz Securities Joonsop Kim - KB Securities Separate basis operating profit was up 1.5% year-on-year, coming in at KRW 393.8 billion, driven by revenue growth and efficient marketing activities. Consolidated operating profit increased 4.2% year-on-year to KRW 506.5 billion at the back of profit growth from major subsidiaries, including BC Card, KT Cloud, KT Estate, among others. For KT Cloud on higher IDC revenue mostly coming from global customers and DBO proje ...

SEOUL, South Korea, April 30, 2024 /PRNewswire/ -- KT Corporation (NYSE: KT), South Korea's largest integrated telecom and digital platform service provider, announced that it has filed its Form 20- F Annual Report on April 30th, 2024 for the year ended December 31, 2023 with the Securities and Exchange Commission of the United States. The report can be accessed on KT's English website at https://corp.kt.com/eng in the Investors section under Business Report as well as the SEC's Edgar database at www.sec.go ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2024 Commission File Number 1-14926 KT Corporation (Translation of registrant’s name into English) 90, Buljeong-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40 ...

Table of Contents As filed with the Securities and Exchange Commission on April 30, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPA ...

KT Corporation (NYSE:KT) Q4 2023 Earnings Conference Call February 7, 2024 8:00 PM ET Company Participants Seung-Hoon Chi - Investor Relations Young-Jin Kim - Investor Relations Min Jang - Chief Financial Officer Conference Call Participants Hoi Jae Kim - Daishin Securities Joonsop Kim - KB Securities Jae-min Ahn - NH Investment & Securities Operator Good morning and good evening. Thank you all for joining this conference call. And now we will begin the conference of the 2023 Fourth Quarter Earnings Results ...

Operating expense increased by 5.8% Y-o-Y to reach KRW6,375.5 billion. The next slide is about the company's financial position. The debt-to-equity ratio as of September 2023 stood at 134.9%, while net-debt-to equity decreased by 6.1 percentage points Q-o-Q to 38.5%. Next, I will go over CapEx. KT Group's cumulative Q3 CapEx amounted KRW2,253.2 billion. On a stand-alone basis, cumulative CapEx as of Q3 stood at KRW1,600.4 billion. The group's CapEx, including the core business areas of finance, media conten ...

With that, I will now invite our CFO, Kim Young Jin for his remarks and presentation on the second quarter earnings results. Then, financial statement. Debt-to-equity ratio as of June-end '23 reported 115.4%, down 6.1 percentage points Q-on-Q. Net debt-to-equity ratio was also down 2 percentage points Q-over-Q to 44.6%. [Foreign Language] [Interpreted] Thank you, Mr. Kim, for asking two questions. You asked about the key performance regarding the revenue -- top-line revenue, what were the key drivers and wh ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of June 2023 Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____ Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3 ...

Net income decreased by 32.0% Y-o-Y to KRW309.6 billion. EBITDA decreased by 6.8% Y-o-Y to KRW1,415.5 billion. TF is working to develop improvement measures to build a highly credible corporate governance structure. The TF has already developed improvement measures for the most urgent task, which is the appointment process of outside directors. Currently, we are receiving recommendations for potential candidates for outside directors from shareholders. Next, I will go over CapEx. KT Group's first quarter cu ...