Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/10951" target="_blank" data-smartkarma-citation="entities:10951">Kthitel Co Ltd</a> (KTH)'s 1Q16 results revealed strong growth of T-Commerce, offset by higher than expected marketing costs. We continue to have a positive view on KTH following its 1Q16 results. </p><p>KTH released its 1Q16 results on 29 April. It generated sales of 44.3 billion won (up 23% YoY, down 2% QoQ, and 5% below consensus), operating profit of 1.3 billion won (down 40% YoY, up 16% QoQ, and 5% below consensus), and net profit of 1.4 billion won (down 58% YoY, TB QoQ, and 20% below consensus)…</p>

Kthitel Co Ltd (KTH)'s 1Q16 results revealed strong growth of T-Commerce, offset by higher than expected marketing costs. We continue to have a positive view on KTH following its 1Q16 results. KTH released its 1Q16 results on 29 April. It generated sales of 44.3 billion won (up 23% YoY, down 2% QoQ, and 5% below consensus), operating profit of 1.3 billion won (down 40% YoY, up 16% QoQ, and 5% below consensus), and net profit of 1.4 billion won (down 58% YoY, TB QoQ, and 20% below consensus)…

KT Alpha

Update on 1Q16 Results