KT Corp ADR
KT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| rC | LOCK|gC? | LOCK|k!@$g!j |
KT Earnings: Mobile Benefiting From Competitor Woes; Fair Value Estimate Up 7%
Korea Telecom's second-quarter service revenue was up 13% while operating profit increased by 105% and net profit increased by 79%. The outsize profit growth was largely attributable to apartment sales revenue, with underlying telecom revenue up 4.9% and operating profit up 31%.
