Quarterly ResultMay 12, 2026, 06:12 AM
KT Q1 Revenue KRW 6.78T, Operating Profit KRW 482.7B
AI Summary
KT Corp reported its first-quarter 2026 financial results, with consolidated revenue decreasing 1.0% year-over-year to KRW 6,778.4bn. Operating profit saw a significant decline of 29.9% to KRW 482.7bn, and net income fell 31.5% to KRW 388.3bn, primarily due to a high base effect from a prior-year real estate project and increased costs. Despite the overall profit decline, the company announced a 1Q26 dividend of KRW 600 per share and a KRW 250bn share buyback/cancellation as part of its FY26 Value-up Plan, alongside growth in wireless service, broadband, and kt estate revenues.
Key Highlights
- 1Q26 Revenue was KRW 6,778.4bn, a 1.0% decrease YoY.
- 1Q26 Operating Profit declined 29.9% YoY to KRW 482.7bn.
- 1Q26 Net Income was KRW 388.3bn, down 31.5% YoY.
- Declared a 1Q26 dividend of KRW 600 per share.
- Announced KRW 250bn share buyback/cancellation for FY26.
- Wireless service revenue grew 0.4% YoY to KRW 1,683.0bn.
- Broadband revenue increased 1.8% YoY to KRW 640.2bn.
- kt estate revenue surged 72.9% YoY.