KT Q1 Net Profit Down 32 pct Due to Base Effect
SEOUL, May 11 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Thursday its first-quarter net profit declined 32 percent from a year earlier due to a base effect. KT’s net income amounted to 309.6 billion won (US$234.2 million) on a consolidated basis in the first three months of the year, down [...]