KT Corp (030200 KS) Q1 (KRW) net fell 35% Y/Y to 352.2bln, rev. 6.78tln (exp. 6.79tln)
KT Corp's Q1 net income fell 35% year-on-year to 352.2 billion KRW, slightly missing revenue expectations of 6.79 trillion KRW with reported sales of 6.78 trillion KRW.
US Treasury Secretary Bessent says pleased to reaffirm US-Japan economic partnership, adds communication on FX volatility remains constant and robust, also held positive talks on US-Japan investment agreement
Israeli strikes in southern Lebanon killed six and fighting continues despite April 17th ceasefire, according to AFP
KT Corp (030200 KS) Q1 (KRW) net fell 35% Y/Y to 352.2bln, rev. 6.78tln (exp. 6.79tln)
Mazda (7261 JT) FY (JPY) net 35.1bln (prev. 114.1bln Y/Y), rev. 4.92tln (prev. 5.02tln Y/Y)
France presses EU to crack down on platforms like Shein and Temu, according to FT
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This significant drop in net income may raise concerns about the company's profitability trends and could pressure its stock performance, particularly if this downturn signals ongoing challenges in their operational efficiency or competitive landscape.
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