Strong Financial Performance
Operating revenue increased 13.5% year-over-year to KRW 7,427.4 billion. Operating profit surged 105.4% year-over-year to KRW 1,014.8 billion, driven by balanced growth from the telco business and the group's core portfolio, as well as one-time gains from real estate sales. Net income rose 78.6% year-over-year to KRW 733.3 billion.
Dividend Increase
Dividend for the second quarter increased by 20% year-over-year to KRW 600 per share.
AI and IT Business Growth
AI IT business revenue saw a growth of 13.8% year-over-year, with successful project wins from large companies and public sector entities.
Cloud Business Expansion
KT Cloud reported a 23% year-over-year revenue growth, driven by increased data center usage by global customers and expanded DBO project wins.
Shareholder-Friendly Initiatives
KT announced a share buyback of KRW 250 billion and plans an additional KRW 750 billion over the next three years.