SEOUL, Feb. 12 (Yonhap) -- KT Corp. said Tuesday it swung to a net profit in the fourth quarter.
In a regulatory filing, South Korea's major telecommunication company said it logged 18.1 billion won (US$16 million) in net profit in the October-December period.
Its operating profit tumbled 28.4 percent on-year to 95.8 billion won, and its sales slipped 1.8 percent to 6 trillion won in the last three months of 2018, the company said.
Seoul-Tokyo ties tipped for deeper rift after Japan's expanded export control: experts
Trade row with Japan, another headwind for Korean economy
Japan hides true intentions, leaving export curbs unjustified
Boycott of Japanese goods to intensify as Tokyo expands export curbs
Japan's broader export curbs aim for S. Korea's Achilles heel