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KOREA'S KT H1 NET PROFIT SOARS 130 PCT TO US$824 MLN.

AsiaPulse News

| August 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Aug 1 Asia Pulse - KT Corp., South Korea's biggest telecom carrier, said Thursday its net first half profit reached 981 billion won (US$824.36 million), up 130 per cent from the same period last year.

During the January-June period the company also posted 5.81 trillion won in sales, up 1 per cent from a year ago, while its operating profit rose 36 per cent from a year earlier to 1.22 trillion won.

KT attributed the substantial ...

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