KT (KT) Retained Earnings : $10,921 Mil (As of Sep. 2023)

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What is KT Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KT's retained earnings for the quarter that ended in Sep. 2023 was $10,921 Mil.

KT's quarterly retained earnings increased from Mar. 2023 ($10,726 Mil) to Jun. 2023 ($11,103 Mil) but then declined from Jun. 2023 ($11,103 Mil) to Sep. 2023 ($10,921 Mil).

KT's annual retained earnings increased from Dec. 2020 ($11,113 Mil) to Dec. 2021 ($11,224 Mil) but then declined from Dec. 2021 ($11,224 Mil) to Dec. 2022 ($11,020 Mil).

KT Retained Earnings Historical Data

The historical data trend for KT's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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KT Retained Earnings Chart

KT Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

Dec22

Dec23

Retained Earnings

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9,867.09

11,113.15

11,223.53

11,020.20

11,112.00

KT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															11,020.20	10,725.96	11,103.45	10,920.66	11,112.00

KT Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

KT (NYSE:KT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

KT (KT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » KT Corp (NYSE:KT) » Definitions » Retained Earnings

Traded in Other Exchanges

030200:Korea KTC:Germany

Address

90 Bulljeong-ro (206 Jungja-dong), Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13606

Website

https://corp.kt.com

KT is South Korea's largest fixed-line telecom operator, with around 9.0 million fixed-line broadband customers and 9.4 million IPTV customers, and is the second-largest wireless operator with 25 million subscribers. Additionally, it has a number of nontelecom businesses, including real estate, payment processing, artificial intelligence, and IDC/cloud services, many of which are the focus of its growth strategy. The company was formed from the previously government-owned, monopoly telecom business and was listed in 1998. After selling its mobile business in 1994 (forming its mobile competitor, SK Telecom) KT created its own mobile operator in 1997.