KT Skylife's Net Income Jumps 653% in Q2

MT Newswires Live
08/08

KT Skylife (KRX:053210) posted second-quarter net income attributable to shareholders of 11.7 billion won, up 653% from 1.56 billion won a year earlier, according to a Friday filing with the Korea Exchange.

The South Korean satellite broadcasting services provider's sales fell 3% year over year to 247.2 billion won from 254.6 billion won.

Shares of KT Skylife rose nearly 2% in recent trade.

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