ID :
57185
Fri, 04/24/2009 - 07:58
Auther :
Shortlink :
https://www.oananews.org//node/57185
The shortlink copeid
KT Q1 net plunges 9.4 pct on lower demand
SEOUL, April 24 (Yonhap) -- KT Corp., South Korea's largest fixed-line telephone and Internet company, said Friday that its first-quarter profit plunged 9.4 percent from a year earlier due to lower demand.
Net income amounted to 139.6 billion won (US$104.5 million) in the January-March
period, compared with 154.1 billion won a year earlier, the company said in a
regulatory filing.
Sales slipped 6.5 percent on-year to 2.77 trillion won, but operating profit
gained 15.4 percent to 384.5 billion won, it said.
ygkim@yna.co.kr
Net income amounted to 139.6 billion won (US$104.5 million) in the January-March
period, compared with 154.1 billion won a year earlier, the company said in a
regulatory filing.
Sales slipped 6.5 percent on-year to 2.77 trillion won, but operating profit
gained 15.4 percent to 384.5 billion won, it said.
ygkim@yna.co.kr
