KT Corporation (KT) has released an update.
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KT Corporation has reported a year-over-year increase in revenues and operating profits for the first quarter of 2024, with particularly strong performance in its B2C and B2B segments as well as its major subsidiaries, including cloud and real estate services. The company announced a robust dividend and a treasury share cancellation, signaling confidence in its financial health and ongoing commitment to shareholder returns. Growth was driven by uptrends in telecommunication, broadband, and media services, alongside project orders and demand increases in various business sectors.
For further insights into KT stock, check out TipRanks’ Stock Analysis page.
