KT (KRX:030200) posted a 36% year-over-year decline in net income attributable to shareholders of the parent to 440.1 billion won in the second quarter from 687.9 billion won, according to a Wednesday filing with the Korea Exchange.
Revenue decreased 10% to 6.68 trillion won for the three months ended June 30 from 7.427 trillion won a year earlier.
Shares of the telecommunications firm rose nearly 1% in recent trade.
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