Kt Corporation · KRX:030200

Kt — Q1 2019 Earnings Presentation

18 slides from Kt's earnings presentation, May 3, 2019

  1. Slide 1: KT 1Q19 Earnings Release

    KT 1Q19 Earnings Release 2019. 5. 3 | Investor Relations

  2. Slide 2: Disclaimer

    Disclaimer This presentation has been prepared by KT Corp.(the “Company”) in accordance with K-IFRS. This presentation contains forward-looking statements, which are subject to risks, uncertainties, and assumptions. This presentation is being presented solely for your information and is subject to c

  3. Slide 3: Contents

    Contents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 Appendix 2

  4. Slide 4: Financial Highlights: Income Statement

    1-1 Financial Highlights K-IFRS / Consolidated Income Statement ? Operating Revenue KRW 5.83tn, YoY +2.2% ? Service Revenue KRW 4.96tn, YoY +1.9% ? Operating Income KRW 402.1bn, YoY +1.3% ? Net Income KRW 259.8bn, YoY +15.9% ? EBITDA KRW 1.31tn, YoY +6.6% (Unit: KRW bn) 1Q18 4Q18 1Q19 QoQ YoY Operat

  5. Slide 5: Financial Highlights: Operating Expenses

    1-2 Financial Highlights K-IFRS / Consolidated Operating Expenses ? Operating Expenses KRW 5.43tn, YoY +2.2% ? Labor Cost KRW 983.8bn, YoY +6.7% ? General Expense KRW 2.33tn, YoY -1.1% ? Cost of Service Provided KRW 606.3bn, YoY -6.7% ? Cost of Merchandise KRW 942.9n, YoY -0.2% ? Marketing Expenses

  6. Slide 6: Financial Highlights: Financial Position

    1-3 Financial Highlights K-IFRS / Consolidated Financial Position ? Debt Position ? Borrowings: KRW 6.79tn ? New Debt: KRW 4.03tn ? Debt Ratio ? Debt to Equity: 125.6% ? Net Debt to Equity: 27.3% Debt to Equity Net Debt to Equity (Unit: KRW bn) 1Q 18 4Q 18 1Q 19 QoQ YoY Assets 30,618.1 32,188.8 33,2

  7. Slide 7: Financial Highlights: CAPEX

    1-4 Financial Highlights K-IFRS / Separate CAPEX ? 1Q19 CAPEX ? KRW 552.1bn executed ? Focused on access network investment for 5G ? CAPEX Breakdown ? Access Network: KRW 417.3bn? Backbone Network: KRW 42.8bn? B2B: KRW 53.7bn? Others: KRW 38.3bn (Unit: KRW bn) Access Network 3,711 Backbone Network B

  8. Slide 8: Contents

    Contents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 Appendix

  9. Slide 9: Business Overview: Wireless

    K-IFRS / Consolidated 2-1 Business Overview Wireless ? Wireless down by 0.5% YoY ? Service revenue increased by 0.2% YoY on slow down of ‘selective tariff discount’ take-up ? Net addition and LTE penetration continues ? Wireless net adds of 213K ? Net subscriber addition continues with effective sal

  10. Slide 10: Business Overview: Wireline

    K-IFRS / Consolidated 2-2 Business Overview Wireline ? Wireline down by 2.7% YoY ? Telephony ? Revenue down by 8.6% YoY on cord-cutting and usage drop ? Broadband ? Revenue down by 0.1% YoY on interconnection rate decline - Revenue excluding interconnection up by 1.3% YoY (Unit: KRW bn) 1Q18 4Q18 1Q

  11. Slide 11: Business Overview: Media / Contents

    K-IFRS / Consolidated 2-3 Business Overview Media / Contents ? Media/Contents up by 15.7% YoY ? Media ? IPTV net adds of 115K ? Media revenue up by 12.9% YoY on high-quality subscriber expansion and platform revenue increase ? Contents ? Revenue up by 28.6% YoY on T-commerce revenue growth of KTH an

  12. Slide 12: Business Overview: Finance and Others

    K-IFRS / Consolidated 2-4 Business Overview Finance and Others ? Finance up by 0.8% YoY ? Other Services up by 7.2% YoY ? Other Services revenue up on continuous IDC business growth ? Merchandise up by 3.8% YoY (Unit: KRW bn) 1Q18 4Q18 1Q19 QoQ YoY Finance 832.7 863.2 839.0 -2.8% 0.8% Other Services

  13. Slide 13: Contents

    Contents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 Appendix

  14. Slide 14: Contents: Appendix

    Contents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 Appendix

  15. Slide 15: K-IFRS Income Statement Consolidated

    4-1 K-IFRS Income Statement Consolidated 1Q 18 2Q 18 3Q 18 4Q 18 1Q 19 Operating revenue 5,710.2 5,806.9 5,948.5 5,994.5 5,834.4 Service revenue 4,863.6 5,003.6 5,096.9 5,021.1 4,955.5 Wireless 1,740.8 1,763.7 1,760.1 1,689.6 1,732.5 Fixed line 1,198.8 1,181.5 1,186.4 1,178.4 1,167.0 Media/Contents

  16. Slide 16: K-IFRS Balance Sheet Consolidated

    4-2 K-IFRS Balance Sheet Consolidated 1Q 18 2Q 18 3Q 18 4Q 18 1Q 19 Asset 30,618.1 30,118.3 32,794.8 32,188.8 33,247.8 Current assets 11.078.6 10,847.2 13,812.8 11,894.3 12,396.1 Cash & cash equi. 1,777.5 2,249.7 2,718.1 2,703.4 2,765.0 Trade & other rec 3,636.7 3,740.1 3,951.1 3,874.9 4,129.5 Inven

  17. Slide 17: Subscribers: Wireless

    K-IFRS / Separate 4-3 Subscribers Wireless 1Q 18 2Q 18 3Q 18 4Q 18 1Q 19 QoQ YoY Subscribers (Unit: 1,000)1) Total (LTE+WCDMA) 20,378 20,662 20,920 21,120 21,333 1.0% 4.7% Net additions 363 284 258 200 213 6.3% -41.3% Gross additions 1,211 1,160 1,200 1,179 1,181 0.2% -2.5% Deactivation2) 848 876 94

  18. Slide 18: Hi Five PEOPLE TECHNOLOGY

    Hi Five PEOPLE TECHNOLOGY

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