KT Corp ADR

KT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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KT Earnings: Underlying Profit in Line With Expectations, New Corporate Value-Up Plan Released

Dan Baker

Nov 8, 2024

Korea Telecom's third-quarter 2024 revenue declined by 0.6%, with operating profit up 44.2%. We estimate that underlying operating profit would have been broadly flat after normalizing for KRW140 billion of abnormal labor expenses included in the previous period.

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KT Corp ADR

KT Earnings: Underlying Profit in Line With Expectations, New Corporate Value-Up Plan Released

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