KT Corporation (KT)

KT Corporation Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	26,496,977	26,287,201	25,638,855	24,898,005	24,099,394	24,342,064
Revenue	26,496,977	26,287,201	25,638,855	24,898,005	24,099,394	24,342,064
Revenue Growth (YoY)	1.75%	2.53%	2.98%	3.31%	-1.00%	3.87%
Cost of Revenue	24,350,742	24,350,742	23,585,661	22,937,103	14,272,590	14,650,310
Gross Profit	2,146,235	1,936,459	2,053,194	1,960,902	9,826,804	9,691,754
Selling, General & Admin	529,545	321,326	356,367	294,646	3,642,427	3,857,135
Research & Development	9,653	-	-	-	156,940	165,028
Other Operating Expenses	182,339	209,926	232,489	224,829	1,228,856	880,535
Operating Expenses	812,223	531,252	588,856	519,475	8,713,841	8,532,188
Operating Income	1,334,012	1,405,207	1,464,338	1,441,427	1,112,963	1,159,566
Interest Expense	-380,343	-356,345	-293,854	-263,389	-263,579	-278,427
Interest & Investment Income	312,236	279,607	271,925	273,460	270,571	282,704
Earnings From Equity Investments	6,208	-43,424	-17,285	116,061	18,041	-3,304
Currency Exchange Gain (Loss)	-177,802	-90,660	-170,212	-174,050	127,699	-81,669
Other Non Operating Income (Expenses)	489,025	288,751	372,078	531,644	115,205	58,063
EBT Excluding Unusual Items	1,583,336	1,483,136	1,626,990	1,925,153	1,380,900	1,136,933
Impairment of Goodwill	-230,352	-230,352	-24,006	-	-	-605
Gain (Loss) on Sale of Investments	6,982	6,982	38,319	5	-	-30
Gain (Loss) on Sale of Assets	56,340	56,579	273,142	59,115	-57,883	-47,887
Asset Writedown	-13,725	-13,725	-23,053	-5,862	-291,412	-112,140
Pretax Income	1,402,581	1,302,620	1,891,392	1,978,411	1,031,605	976,271
Income Tax Expense	368,982	330,438	505,757	519,016	285,349	310,329
Earnings From Continuing Operations	1,033,599	972,182	1,385,635	1,459,395	746,256	665,942
Net Income to Company	1,033,599	972,182	1,385,635	1,459,395	746,256	665,942
Minority Interest in Earnings	37,134	21,143	-125,165	-102,517	-45,367	-50,165
Net Income	1,070,733	993,325	1,260,470	1,356,878	700,889	615,777
Preferred Dividends & Other Adjustments	-50	-	784	2,341	-	-
Net Income to Common	1,070,783	993,325	1,259,686	1,354,537	700,889	615,777
Net Income Growth	-12.85%	-21.19%	-7.11%	93.59%	13.82%	-4.62%
Shares Outstanding (Basic)	246	249	242	235	245	245
Shares Outstanding (Diluted)	246	250	242	236	245	245
Shares Change (YoY)	-1.77%	3.00%	2.82%	-3.91%	0.01%	0.08%
EPS (Basic)	4349.72	3981.74	5200.26	5759.04	2858.35	2511.62
EPS (Diluted)	4345.58	3976.52	5196.24	5747.00	2858.00	2510.26
EPS Growth	-11.20%	-23.47%	-9.58%	101.08%	13.85%	-4.70%
Free Cash Flow	2,850,540	1,810,317	157,208	2,066,813	1,532,261	481,835
Free Cash Flow Per Share	11575.17	7253.18	648.74	8769.37	6247.07	1964.74
Dividend Per Share	2960.000	1960.000	1960.000	1910.000	1350.000	1100.000
Dividend Growth	51.02%	0%	2.62%	41.48%	22.73%	0%
Gross Margin	8.10%	7.37%	8.01%	7.88%	40.78%	39.81%
Operating Margin	5.03%	5.35%	5.71%	5.79%	4.62%	4.76%
Profit Margin	4.04%	3.78%	4.91%	5.44%	2.91%	2.53%
Free Cash Flow Margin	10.76%	6.89%	0.61%	8.30%	6.36%	1.98%
EBITDA	4,696,330	4,754,951	4,630,668	4,690,065	4,376,424	4,203,964
EBITDA Margin	17.72%	18.09%	18.06%	18.84%	18.16%	17.27%
D&A For EBITDA	3,362,318	3,349,744	3,166,330	3,248,638	3,263,461	3,044,398
EBIT	1,334,012	1,405,207	1,464,338	1,441,427	1,112,963	1,159,566
EBIT Margin	5.03%	5.35%	5.71%	5.79%	4.62%	4.76%
Effective Tax Rate	26.31%	25.37%	26.74%	26.23%	27.66%	31.79%
Revenue as Reported	26,595,245	26,595,245	26,234,206	25,205,659	24,440,647	-
Advertising Expenses	-	153,750	195,519	171,400	132,466	150,166

Source: S&P Capital IQ. Standard template. Financial Sources.