Solid Third-Quarter Results for KT Again, and It Remains a Good Value
KT’s third-quarter results were broadly in line with our forecasts on an underlying basis despite the large reported operating profit decline. Services revenue was up 1.8% after reporting a 0.5% decline in the first half and operating income down 15% on a reported basis using the old accounting standard. Early resolution of a labor collective bargaining agreement in second-quarter 2018 caused a one-off spike in labor costs in both the second and third quarters of this year that was the main driv...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.