KT Corp. on Thursday reported its fourth-quarter net loss of 41.7 billion won (US$31.4 million), swinging from a profit of 242.7 billion won a year earlier.

The company said in a regulatory filing that operating income for the October-December period rose 75.4 percent on-year to 265.6 billion won. Sales increased 1.8 percent to 6.69 trillion won.

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Source: Yonhap News Agency