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Telecommunications & Media

KT Q1 operating profit falls 29.9 percent on cost burden, seeks rebound with AX

KT posted first-quarter consolidated revenue of 6.78 trillion won and operating profit of 482.7 billion won, down 1.0 percent and 29.9 percent from a year earlier. It cited base effects from a one-off gain last year and higher costs, including a customer reward programme and some expenses linked to an incident. KT said growth in wireless and fixed-line services and expansion of its AI transformation business were positive signs, and it plans to step up AX initiatives.

Telecommunications & Media

KT first-quarter operating profit 482.7 billion won, down 29.9 percent year on year

KT posted first-quarter consolidated revenue of 6.78 trillion won and operating profit of 482.7 billion won, down 1.0 percent and 29.9 percent from a year earlier. The profit fell due to base effects from one-off gains last year, though improved results at KT Estate and content affiliates eased the decline. KT also announced shareholder return plans for 2026 to 2028, including a minimum annual dividend of 2,400 won per share in 2026.

Games & Commerce

NHN Q1 operating profit falls 5 percent on ahead-of-curve AI infrastructure investment

NHN said its first-quarter operating profit fell 5 percent from a year earlier as it reflected costs for upfront investment in artificial intelligence infrastructure, including building AI GPU infrastructure. The company posted a 11.9 percent rise in quarterly sales to 671.4 billion won and operating profit of 26.3 billion won. Revenue rose across payments, games and technology, while NHN also announced a 16.7 billion won share buyback to be fully cancelled.