ktcsKTcs

KT CS shows a thin but profitable recent run, while its share price has fallen sharply over the past year.

KT CS Corp. runs customer contact centres and a telecom distribution business, with a growing AI contact centre effort. Trailing results to H1 2026 show revenue of ₩1.03T, operating income of ₩31B and net income of ₩24B, after a weaker 2024 and a flat 2025. The share price closed at ₩2,050 on 2026-10-23, down 33.1% over one year and near its 52-week low of ₩2,010.

What stands out

• Margins are thin: trailing operating margin is 3.0% and net margin is 2.3%.
• Annual revenue fell 7% in 2025 to ₩1.04T, while operating income was ₩30B versus ₩7B in 2024.
• Reported trailing ROE is 11.6%, and cash is ₩96B against liabilities at 88.9% of equity; no borrowings figure is given in the data.
• Valuation metrics are low: P/E about 3.5, P/B about 0.4 and a dividend yield of 4.9%. The DCF base case in the data is ₩9,538, well above the current price, but this is a model output, not a forecast.
• Foreign ownership fell from 6.6% to 5.8% over the last 60 days, and recent filings are routine items such as governance and half-year reports.

What to watch

• The Q3 2026 results and any further earnings disclosures, which will show whether the H1 profit level holds.
• Progress of the AI Contact Center (AICC) business and the KT Commerce subsidiary, which the data does not quantify.
• No news headlines were included in the data, so the reasons for the share price decline are not explained here; the high dependence on KT-related business is a risk the data does not size.