ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

KT Corp.

Company Background

KT is the largest telecommunications company in South Korea. It began life as Korea Telecommunications Authority, established in 1981. Since privatization in 2002, KT has expanded by absorbing mobile service provider KT Freetel and others. The South Korean National Pension Service is the largest shareholder in KT. KT engaged in the mobile phone service at its subsidiary. But it was forced to sell the subsidiary to SK group when it was privatized. The separated company, currently SK Telecom, is the top mobile carrier in South Korea.

KT Freetel is a subsidiary KT established after selling the mobile phone service subsidiary to SK group. KT Freetel currently offers telecom services under the Olleh brand and is one of the largest player in the South Korean market.

The company received capital subscriptions from major Japanese mobile carrier NTT Docomo in 2005. The companies cooperate in providing roaming services as well as on a technical level.

Hwang Chang-gyu, who was head of Samsung Electronics' semiconductor business, became the telecommunications company's chairman and CEO in 2014.

He implemented various reforms, such as reducing the number of sections and the number of administration staff and reinforcing overseas operations.

He has also decided to participate in plans to construct communications networks in African nations and introduce smart meters in Uzbekistan.

Business Summary

KT Corp. engages in the provision of integrated telecommunication services. The company operates through the Customer and Marketing businesses. Its services include wire and wireless phones, internet, and other communication. The company was founded on December 20, 1981 and is headquartered in Seongnam-si, South Korea.

Financial Highlights

Dec 2021 KRWUSD
Gross Profit7,190.32B6,278.88M
Operating income1,644.26B1,435.84M
Income before tax1,862.35B1,626.28M
Net income1,356.87B1,184.88M
Diluted EPS5,747.225.01
Dividends Per Share1,9101.66
Total Assets37,159.34B31,259.17M
Total liabilities20,592.18B17,322.54M
Total equity14,976.53B12,598.55M
Operating cash flow5,561.83B4,856.82M
Currency in KRWCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 23,387.26B 23,460.14B 24,342.06B 23,916.66B 24,898.00B
Gross Profit 6,886.77B 6,567.94B 6,550.25B 6,502.70B 7,190.32B
Operating income 1,371.95B 1,240.39B 1,133.19B 1,132.77B 1,644.26B
Income before tax 837,030M 1,090.74B 979,575M 957,015M 1,862.35B
Net income 476,744M 688,464M 615,777M 658,025M 1,356.87B
EBITDA 4,736.45B 4,522.13B 4,762.68B 4,767.05B 5,251.90B
Diluted EPS 1,945.12 2,809.47 2,510.25 2,682.78 5,747.22
Dividends Per Share 1,000 1,100 1,100 1,350 1,910
Total Assets 29,730.91B 32,188.83B 34,540.09B 33,662.54B 37,159.34B
Total liabilities 16,520.31B 17,457.55B 19,356.55B 18,111.11B 20,592.18B
Total equity 11,819.57B 13,203.56B 13,663.38B 14,011.44B 14,976.53B
Operating cash flow 3,877.74B 4,010.46B 3,745.17B 4,739.82B 5,561.83B
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 20,687.35M 21,317.36M 20,873.25M 20,270.28M 21,741.95M
Gross Profit 6,091.73M 5,968.04M 5,616.82M 5,511.29M 6,278.88M
Operating income 1,213.56M 1,127.10M 971.71M 960.06M 1,435.84M
Income before tax 740.40M 991.11M 839.98M 811.10M 1,626.28M
Net income 421.70M 625.58M 528.02M 557.70M 1,184.88M
EBITDA 4,189.65M 4,109.09M 4,083.98M 4,040.26M 4,586.17M
Diluted EPS 1.72 2.55 2.15 2.27 5.01
Dividends Per Share 0.88 0.99 0.94 1.14 1.66
Total Assets 27,771.62M 28,848.20M 29,867.35M 30,988.25M 31,259.17M
Total liabilities 15,431.60M 15,645.76M 16,737.90M 16,672.29M 17,322.54M
Total equity 11,040.65M 11,833.26M 11,814.94M 12,898.31M 12,598.55M
Operating cash flow 3,430.08M 3,644.16M 3,211.47M 4,017.18M 4,856.82M

Valuation Measures

Dec 2021
Operating margin6.60%
Profit margin5.44%

Key executives

  • Chief Executive Officer & Director: Hyun-Mo Gu
  • Managing Director & Head-Finance: Young-Jin Kim
  • VP & Head-Information Technology Planning: Soo-Jung Shin
  • Vice President & Head-Legal: Byung-Sam Park
  • Vice President: Seunghoon Chi


  • National Pension Service of Korea (10.9%)
  • KT Corp. (9.6%)
  • Shinhan Financial Group Co., Ltd. (5.4%)
  • Kopernik Global Investors LLC (1.2%)
  • T. Rowe Price Associates, Inc. (Investment Management) (1.0%)
  • APG Asset Management NV (0.9%)
  • Samsung Asset Management Co., Ltd. (0.7%)
  • Lazard Asset Management LLC (0.4%)
  • T. Rowe Price Hong Kong Ltd. (0.4%)
  • KT Corp. Employee Stock Ownership Association (0.3%)

Contact Details

  • Website:
  • Address: 90 Buljeong-ro, Bundang-gu, Seongnam-si, 13606, South Korea
  • Phone: +82.31.727.0114

Related Companies

  • KT Corp. /B2C USIM Bus/
  • Nasmedia Thailand Co., Ltd.
  • Texnoprosistem LLC
  • Korea Telecom Singapore Pte Ltd.
  • KT Hong Kong Telecommunications Co., Ltd.
  • PT BC Card Asia Pacific
  • Korea Telecom America, Inc.
  • KT Dutch BV
  • Korea Telecom China Co., Ltd.
  • KBTO Sp zoo
  • Korea Telecom Japan Co., Ltd.
  • KT Belgium
  • AOS Ltd.
  • KT Rwanda Networks Ltd.
  • GE Premier 1st Corporate Restructuring Real Estate
  • KT Huimangjieum
  • Next connect PFV
  • Whowho&Company Co., Ltd.
  • Autopion Co., Ltd.
  • KT-Michigan Global Content Fund
  • KT Sat Co., Ltd.
  • KTGDH Co., Ltd.
  • KT AMC Co., Ltd.
  • KT MOS Nambu Co., Ltd.
  • KT MOS Bukbu Co., Ltd.
  • BC Card China Co., Ltd.
  • KT Strategic Investment Fund No.5
  • KT Strategic Investment Fund No.4
  • KT Strategic Investment Fund No.3
  • KT Strategic Investment Fund No.2


  • SK Telecom Co., Ltd.
  • LG Uplus Corp
  • Sejong Telecom Inc.
  • SK D&D Co. Ltd.
  • KB Financial Group Inc.
  • Shinhan Financial Group Co., Ltd.
  • Hana Financial Group Inc.
  • Incross Co.,Ltd.
  • Samsung Card Co., Ltd
  • Seoul Broadcasting System Co., Ltd.
  • Woori Financial Group, Inc.
  • LG HelloVision Corp.
  • KT Skylife Co., Ltd
  • Hyundai Futurenet Co., Ltd
  • Inscobee, Inc.
  • KL-Net Corp
  • Taekwang Industrial Co., Ltd.
  • DB Inc.
  • Hanyang Digitech Co., Ltd
  • Hyundai Ezwel Co., Ltd.
Last Updated on 17 Aug, 2022

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more