Seoul: KT Corp. on Thursday reported its 2024 net income of 450.1 billion won (US$310.6 million), marking a 54.5 percent decrease from the previous year.
According to Yonhap News Agency, the company disclosed in a regulatory filing that its operating profit for the year was 809.5 billion won, a decrease from 1.64 trillion won in the previous year. However, the company’s annual sales experienced a slight increase of 0.2 percent, reaching 26.43 trillion won.