Search results for Millie’s Library
Games & Commerce
KT Millie’s Library posts Q1 operating profit of 3.9 billion won, 16th straight profitable quarter
KT Millie’s Library reported a first-quarter operating profit of 3.9 billion won and revenue of 23.9 billion won, the company said on Wednesday. Revenue rose 19.6 percent and operating profit gained 4.9 percent from a year earlier. The company said it has remained profitable for 16 straight quarters, from the second quarter of 2022 through the first quarter of this year, helped by expanding content into webtoons and web novels.
Telecommunications & Media
KT launches Park Yun-young leadership, pledges slimmer organization and AI B2B push
KT has named longtime insider Park Yun-young as CEO, approving his appointment at a shareholder meeting. The company is moving quickly on executive reshuffles and organisational streamlining, including a broader regional structure and simplified reporting lines. KT also plans to bolster AI-based B2B business through a new AX division and integrate its media unit into the customer division. It is also focusing on recovery from last year’s unauthorised micropayment incident.
Telecommunications & Media
KT affiliates speed up executive shuffles ahead of Park Yoon-young era
KT is drawing attention for a rapid round of affiliate leadership changes ahead of the expected appointment of CEO nominee Park Yoon-young at a March 31 shareholders meeting. Key units are naming new heads, including KT Skylife, KT Alpha and BC Card, while other affiliates prepare board agendas. The moves are raising questions about KT’s future management direction and possible shifts in business strategy and internal restructuring.
