KT Corporation (ADR) (NYSE:KT)
About KT Corporation (ADR) (NYSE:KT) KT Corporation is an integrated telecommunications service provider in the Republic of Korea. Its services include personal communications service (PCS)mobile telecommunications services and high speed downlink packet access (HSDPA)-based IMT-2000 wireless Internet and video multimedia communications services; telephone services, including local, domestic long-distance and international long-distance fixed-line telephone services and interconnection services; broadband Internet access service and other Internet-related services, including Internet protocol television (IP-TV) services, and various other services, including leased line service and other data communication service, satellite service and information technology and network services. On June 1, 2009, KTF merged into KTF Corporation. In October 2009, it disposed its majority stake in its wholly owned subsidiary, KT FDS Corporation, engaged in computer software developing business.
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Financials KT Corporation (ADR) (NYSE:KT) produced total revenue of $19649.12 Billion which is noticeably greater than last quarter’s revenue of $9586.67 billion. Moreover, operating and net income both have increased that resulted in higher earning per share in current quarter as compared to last quarter’s ending. The company’s cash flow from operations stood at $3397.53 billion which is greater than last quarter’s ended cash flow of $2918.74 billion. Increased CFOshows that the company generated more cash than its expenses. According to present quarter’s ending financials as on December 31, 2010, Company’s total assets mount up to $7971.84billion. Return on equity and return on assets both are increasing. Total liabilities and total equity stand at $16243.75billion and $10376.56billion respectively.
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