KT Corp ADR

KT: XNYS (USA)
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KT Earnings: Profit Hit by One-Off Labor Costs, but Earnings Should Rebound in 2025

Korea Telecom's 2024 revenue was flat with reported operating profit down 51%. One-off labor costs drove the operating profit decline with underlying operating profit up 10%. Guidance for 2025 is for revenue of KRW 28 trillion with no profit guidance given.

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