Monday, November 5, 2012

KT posts strong growth in net profit in 3Q12

South Korea’s second largest mobile network operator by subscribers, KT Corp, has released its financial results for the three months ended 30 September 2012, revealing an almost 46% year-on-year increase in net profit. For the quarter under review KT posted a net income of KRW372.3 billion (USD341 million), up from KRW255.7 billion in the same period of 2011, on revenues that increased by more than 30% to KRW6.52 trillion. Wireless services accounted for more than a quarter of total turnover, or KRW1.75 trillion, up from KRW1.74 trillion in 3Q11, while fixed line revenue fell by more than ten percentage points to KRW1.57 trillion


Read this article:

OVETEL KT posts strong growth in net profit in 3Q12

No comments:

Post a Comment