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KT Corporation Releases 2024 Financial Statements with Positive Audit Review

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KT Corporation Releases 2024 Financial Statements with Positive Audit Review

KT ( (KT) ) has provided an announcement.

KT Corporation, a leading telecommunications company in Korea, has released its consolidated financial statements for the years ending December 31, 2024, and 2023. The independent auditor’s report, issued by Deloitte Anjin LLC, provides an unqualified opinion on the financial statements, affirming their compliance with Korean International Financial Reporting Standards (K-IFRS). The audit highlighted the occurrence and accuracy of mobile service revenue as a key audit matter, given the complexity and volume of transactions. The report underscores KT Corporation’s robust internal controls and financial reporting processes, which are crucial for stakeholders and investors.

More about KT

YTD Price Performance: 14.98%

Average Trading Volume: 1,373,471

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.07B

For a thorough assessment of KT stock, go to TipRanks’ Stock Analysis page.

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