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KT Corp.
- 28,350.00 KRW
- +50.00
- +0.18%
South Korea
Feb 21, 2019Ticker
KRX(030200)Prev. close
28,300Market cap (KRW)
7,389.46BMarket cap (USD)
6,567.24MShares
261.11M
In the news
- Tokyo game developer Meleap ties up with South Korea's KT Apr 10, 2018
- South Korea's KT to launch 5G service for businesses next March Mar 23, 2018
- Next year shapes up to be the dawn of 5G Feb 27, 2018
- KT, Samsung, Intel to offer trial 5G service at Pyeongchang Olympics Feb 4, 2018
- Company in focus: For SK Hynix, patience pays off in its Toshiba Memory bid Nov 2, 2017 See more articles on 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
Financial Highlights
| Dec 2018 | KRW | USD |
| Revenue | 23,460.10B | 21,317.32M |
| Gross Profit | 13,097.10B | 11,900.84M |
| Operating income | 1,261.60B | 1,146.36M |
| Income before tax | 1,090.70B | 991.07M |
| Net income | 762,300M | 692.67M |
| EBITDA | -- | -- |
| Diluted EPS | -- | -- |
| Dividends Per Share | 1,100 | 0.99 |
| Total Assets | 32,188.80B | 28,848.18M |
| Total liabilities | 17,457.60B | 15,645.81M |
| Total equity | 14,731.30B | 13,202.45M |
| Operating cash flow | -- | -- |
| Currency in KRW | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 22,311.66B | 22,281.22B | 22,743.66B | 23,387.26B | 23,460.10B |
| Gross Profit | 4,778.17B | 5,473.97B | 5,649.56B | 5,800.90B | 13,097.10B |
| Operating income | -551,040M | 1,279.47B | 1,439.97B | 1,375.28B | 1,261.60B |
| Income before tax | -1,347.25B | 719,452M | 1,127.02B | 837,030M | 1,090.70B |
| Net income | -1,118.94B | 410,648M | 711,089M | 476,744M | 762,300M |
| EBITDA | 2,774.65B | 4,618.07B | 4,785.24B | 4,739.78B | -- |
| Diluted EPS | -4,316 | 1,245 | 2,902 | 1,945 | -- |
| Dividends Per Share | 0 | 500 | 800 | 1,000 | 1,100 |
| Total Assets | 33,775.50B | 29,341.18B | 30,587.73B | 29,580.62B | 32,188.80B |
| Total liabilities | 21,985.21B | 17,175.72B | 17,792.95B | 16,504.25B | 17,457.60B |
| Total equity | 10,340.96B | 10,845.06B | 11,441.93B | 11,684.61B | 14,731.30B |
| Operating cash flow | 1,916.41B | 4,229.96B | 4,770.75B | 3,877.74B | -- |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 21,195.54M | 19,686.47M | 19,603.40M | 20,687.35M | 21,317.32M |
| Gross Profit | 4,539.15M | 4,836.50M | 4,869.52M | 5,131.22M | 11,900.84M |
| Operating income | -523.47M | 1,130.47M | 1,241.15M | 1,216.51M | 1,146.36M |
| Income before tax | -1,279.85M | 635.66M | 971.41M | 740.40M | 991.07M |
| Net income | -1,062.96M | 362.82M | 612.90M | 421.70M | 692.67M |
| EBITDA | 2,635.85M | 4,080.27M | 4,124.53M | 4,192.60M | -- |
| Diluted EPS | -4.10 | 1.10 | 2.50 | 1.72 | -- |
| Dividends Per Share | 0 | 0.44 | 0.68 | 0.88 | 0.99 |
| Total Assets | 30,728.74M | 25,023.39M | 25,325.16M | 27,631.24M | 28,848.18M |
| Total liabilities | 20,002.01M | 14,648.17M | 14,731.70M | 15,416.60M | 15,645.81M |
| Total equity | 9,408.14M | 9,249.13M | 9,473.36M | 10,914.58M | 13,202.45M |
| Operating cash flow | 1,820.54M | 3,737.36M | 4,112.04M | 3,430.08M | -- |
Valuation Measures
| Dec 2018 | |
| PER | 11.30 |
| ROA | 2.46% |
| ROE | 5.77% |
| Operating margin | 5.37% |
| Profit margin | 3.24% |
Key executives
- Co-Chairman & Chief Executive Officer: Chang-Gyu Hwang
- President, Director & Head-Mass: Heon-Moon Lim
- President, Director & Head-Management Support: Hyeon-Mo Ku
- Senior Managing Director & Head-Finance: Gwang-Seok Shin
- Managing Director & Head-AI Tech: Jin-Han Kim
Shareholders
- National Pension Service of Korea (12.1%)
- KT Corp. (6.1%)
- NTT DoCoMo, Inc. (5.4%)
- T. Rowe Price Associates, Inc. (0.9%)
- Samsung Asset Management Co., Ltd. (0.8%)
- Eastspring Investments (Singapore) Ltd. (0.7%)
- APG Asset Management NV (0.7%)
- KT Corp. Employee Stock Ownership Association (0.4%)
- Mirae Asset Global Investments Co., Ltd. (0.4%)
- Standard Life Investments Ltd. (0.3%)
Contact Details
- Website:http://www.kt.com
- Address: 90 Buljeong-ro, Bundang-gu, Seongnam, 13606, South Korea
- Phone: +82.31.727.0114
Related Companies
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- KT Investment, Inc.
- QCP Investment Purpose Co. III, Inc.
- KT OIC Co., Ltd.
- Olleh KT Second Securitization Specialty Co., Ltd.
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- Sofnics, Inc.
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- Centios Co., Ltd.
- N Search Marketing Corp.
- KTSC Investment Management BV
- KTDS Co., Ltd.
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- Bluecord Technology
- Korea Infomation Data Co. Ltd.
- KT M&S Co. Ltd.
- kt telecop Co., Ltd.
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- Korea Info Service Corp.
- Sidus FNH Corp.
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Competitors
- SK Telecom Co., Ltd.
- LG Uplus Corp
- Sejong Telecom Inc.
- LINE Corp.
- Alphabet Inc. Class A
- Facebook, Inc. Class A
- Kakao Corp.
- Microsoft Corporation
- CJ Corporation
- CJ Hello Co. Ltd.
- Taekwang Industrial Co., Ltd.
- CJ ENM Co., Ltd.
- Hyundai HCN Co., Ltd.
- Daesung Holdings Co., Ltd
- KT Skylife Co., Ltd
- KL-Net Corp
- DB Inc.
- KINX Inc.
- GS Home Shopping Inc.
- Hanyang Digitech Co., Ltd
- Taeyoung Engineering & Construction Co., Ltd.
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Last Updated on 21 Feb, 2019