Business UpdateAug 12, 2026, 06:08 AM
KT Corp. Updates Value-Up Plan, Targets 9-10% ROE by 2028
AI Summary
KT Corporation has updated its Corporate Value-Up Plan, reaffirming its mid-to-long-term target of achieving a consolidated Return on Equity (ROE) of 9%-10% by 2028. The plan focuses on transforming into an AX Platform Company, enhancing profitability by streamlining low-margin businesses and optimizing asset efficiency through non-core asset monetization. Additionally, KT plans to implement capital allocation initiatives, including KRW 750 billion in treasury share buybacks and cancellations from 2026 through 2028.
Key Highlights
- Targets consolidated ROE of 9%-10% by 2028, maintaining the 2024 target.
- Aims to more than double AX revenue by 2028 compared to 2025.
- Seeks consolidated operating profit margin of 9% or higher by 2028.
- Plans to monetize non-core assets with a book value of KRW 12.3 trillion.
- Commits to KRW 750 billion in treasury share buybacks and cancellations from 2026-2028.
- Market capitalization increased 51% as of June 30, 2026, compared to early 2024.
- Foreign ownership reached the 49% limit by November 5, 2024.
Price Impact
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