KT Corp Files May 2024 6-K Report
Ticker: KT · Form: 6-K · Filed: May 10, 2024 · CIK: 892450
| Field | Detail |
|---|---|
| Company | Kt Corp (KT) |
| Form Type | 6-K |
| Filed Date | May 10, 2024 |
| Risk Level | low |
| Pages | 8 |
| Reading Time | 9 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 6-K, foreign-private-issuer, reporting
TL;DR
KT Corp filed its monthly 6-K, confirming its foreign private issuer status and 20-F reporting.
AI Summary
KT Corporation filed a Form 6-K on May 10, 2024, reporting for the month of May 2024. The filing indicates that KT Corporation, formerly Korea Telecom, is a foreign private issuer based in Korea and files annual reports under Form 20-F. The report was signed by Youngkyoon Yun.
Why It Matters
This filing provides routine updates for investors regarding KT Corporation's status as a foreign private issuer and its reporting obligations with the SEC.
Risk Assessment
Risk Level: low — This is a routine administrative filing for a foreign private issuer and does not contain new financial or operational information.
Key Players & Entities
- KT Corporation (company) — Registrant
- Korea Telecom (company) — Former company name
- Youngkyoon Yun (person) — Signatory for the filing
- May 10, 2024 (date) — Filing date
FAQ
What is the primary purpose of this Form 6-K filing?
This Form 6-K is a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934, for the month of May 2024.
What is KT Corporation's principal executive office address?
KT Corporation's principal executive offices are located at 90, Buljeong-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea.
Does KT Corporation file annual reports under Form 20-F or Form 40-F?
KT Corporation files annual reports under cover of Form 20-F.
When was KT Corporation's name changed from Korea Telecom?
The date of the name change from Korea Telecom to KT Corporation was October 6, 1997.
Who signed this report on behalf of KT Corporation?
The report was signed by Youngkyoon Yun on behalf of KT Corporation.
Filing Stats: 2,272 words · 9 min read · ~8 pages · Grade level 2.3 · Accepted 2024-05-10 06:53:52
Filing Documents
- d819111d6k.htm (6-K) — 28KB
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- 0001193125-24-135715.txt ( ) — 4585KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: May 10, 2024 KT Corporation By: /s/ Youngkyoon Yun Name: Youngkyoon Yun Title: Vice President By: /s/ Sanghyun Cho Name: Sanghyun Cho Title: Director 1Q24 Earnings Release Disclaimer This presentation has been prepared by KT Corp.(the "Company") in accordance with K-IFRS. This presentation contains forward-looking statements, which are subject to risks, uncertainties, and assumptions. This presentation is being presented solely for your information and is subject to change without notice. No presentation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, actuality, fairness, or completeness of the information presented. If you have any questions related to this material, please contact the IR department. Tel: +82-70-4193-4036 2 2 Financial Highlights 3 Business Overview 4 Appendix 3 1 1Q24 Highlights Financials (Unit: KRW bn) Cons. Sep. 6,654.6bn (YoY +3.3%) 4,694.8bn (YoY +1.6%) Revenue Revenue Operating Operating 506.5bn (YoY +4.2%) Profit 393.8bn (YoY +1.5%) Profit Continued robust growth in B2C/B2B businesses and major subsidiaries [B2C] Telco continues uptrend through premium subscribers (Wireless YoY +1.7%, Broadband YoY +2.1%, Media YoY +2.3%) [B2B] Rev. growth led by broadband/data, project orders, and demand increase for AX Services (B2B Service YoY +5.0%) [Subsidiaries] Double-digit growth from IDC/Cloud, real estate (kt estate YoY +20.3%, kt cloud YoY +17.8%) Shareholder Return '24.Q1 First Quarterly Dividend Treasury Share Cancellation Dividend per Share : 500 KRW To cancel : 2% of total shares issued (5.14 mn shares / total value: KRW 178.9 bn) 4 1 1Q24 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix 5 K-IFRS / Consolidated 1 Income Statement Rev. +3.3% YoY throug