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THE INVESTOR
January 17, 2018

Stocks & Bonds

[EQUITIES] ‘KT to miss Q4 earnings estimates’

  • PUBLISHED :December 28, 2017 - 13:35
  • UPDATED :December 28, 2017 - 13:35
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[THE INVESTOR] KT will not be able to satisfy fourth-quarter earnings prospects, said Korea Investment and Securities on Dec. 28, maintaining a “buy” recommendation and 38,700 won (US$36.09) target price.
 



Its revenue will be in line with analysts estimates at 5.94 trillion won but operating profit, burdened by personnel costs and 5G-related business, will be close to 20 percent lower at 218.3 billion won, estimated analyst Yang Jong-in. 

By Hwang You-mee (glamazon@heraldcorp.com)
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