[Click eStock] "KT May Event Spotlight... Dividend and Subsidiary IPO Issues"

[Asia Economy Reporter Park So-yeon] Kim Hong-sik, a researcher at Hana Financial Investment, stated, "It is time to pay attention to KT's May event," and analyzed, "Dividend and initial public offering (IPO) issues will be specifically addressed at the May investor meeting."

According to the financial investment industry on the 8th, researcher Kim Hong-sik recently announced in a report, "I maintain a buy rating on KT and a 12-month target price of 35,000 KRW."

Researcher Kim Hong-sik said, "KT is expected to record high headquarters operating profit growth in the first quarter," and added, "Expectations for an increase in this year's DPS (dividend per share) will rise."

Kim also added, "The high IPO price planned for KakaoBank will raise expectations for the success of K Bank's IPO."

He continued, "Significant growth in mobile ARPU (average revenue per user) will begin in earnest, and along with labor cost control, the cleanup of non-performing subsidiaries is also progressing actively."

He analyzed that KT is significantly undervalued when viewed from the perspective of expected dividend yield.

Researcher Kim Hong-sik emphasized, "It is necessary to pay attention to the Q1 earnings conference call on May 11 and the KT CEO investor meeting on May 12."

Kim said, "Through the Q1 earnings conference call, positive outlooks on future mobile ARPU and dividends will be possible," and added, "At the KT CEO meeting, detailed plans for the IPOs of K Bank and Studio Gina are expected to be discussed."

He added, "Last year as well, KT's stock price recorded a high rate of increase in a short period around the KT CEO investor meeting."

Additionally, he said, "Through next week's earnings announcement, investors will be able to confirm that KT's headquarters operating profit increased by nearly 20% compared to the same period last year, and it is highly likely they will judge that this year's DPS will reach 1,600 KRW."

This content was produced with the assistance of AI translation services.