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KT sets the stage for Q3 performance... seeks a rebound through B2B and AX < Press Release < General Industry < AI Industry < Article Body - AI Times

May 5, 2021 | AI Times
KT sets the stage for Q3 performance... seeks a rebound through B2B and AX < Press Release < General Industry < AI Industry < Article Body - AI Times
(Photo=KT) KT released its third-quarter results, showing declines in both revenue and operating profit. On the 10th, KT reported consolidated revenue of 6.9975 trillion won and operating profit of 505.3 billion won for the third quarter of this year. They fell 1.8% and 6.1%, respectively, from the same period last year. KT explained that the decline in performance was due to a base effect, as one-off gains from home sales related to land development for t