KT (030200) investor relations material

Executive summary

• Revenue and operating profit grew significantly year-over-year, driven by strong B2C and B2B performance, especially in data center, cloud, and real estate projects.

• Operating profit surged 205% year-over-year, aided by real estate, cloud/AI growth, and group portfolio expansion.

• Net income turned positive to KRW 1,836.8 billion from a loss in the prior year, with a margin improvement of 13.0 percentage points.

• New products launched in collaboration with global tech firms, including AI and security-enhanced cloud services.

• Gasan AI Data Center opened, positioning as Korea's first large-scale AI infrastructure hub with direct-to-chip liquid cooling technology.

Financial highlights

• Operating revenue increased 6.9% year-over-year to KRW 28,244.2 billion.

• Operating profit surged 205% year-over-year to KRW 2,469.1 billion, aided by core business growth and one-off real estate gains.

• Net income rose 340.4% year-over-year to KRW 1,836.8 billion.

• EBITDA up 35.5% year-over-year to KRW 6,349.3 billion, with margin improving by 4.8 percentage points to 22.5%.

• Operating expenses remained flat year-over-year due to cost efficiencies.

Outlook and guidance

• 2026 earnings expected to improve over 2025, with continued focus on efficiency and core business growth.

• Wireless business growth to be moderate, with emphasis on operational efficiency and cost control.

• B2B and cloud businesses expected to maintain strong growth, especially KT Cloud.

• FY2028 targets: consolidated ROE 9–10%, OP margin 9%, AI/IT revenue share to triple from 2023.

• Additional KRW 1 trillion share buyback planned by 2028; focus on AI/cloud partnerships and non-core asset liquidation.