KT 2023 net profit down 28.8 pct to 988.7 bln won

KT Corp. on Thursday reported its 2023 net income of 988.7 billion won (US$744.6 million), down 28.8 percent from a year earlier.The company said in a regulatory filing that operating profit for the year fell 2.4 percent on-year to 1.64 trillion won. Annual sales increased 2.9 percent to 26.38 trillion won.(END)Source: Yonhap News Agency