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KT Maintains 2028 Return Goal as AI Data Center Plan Targets One Gigawatt

The company plans six AI data center sites by 2029 and aims for AX revenue in 2028 to exceed twice its 2025 level.

Updated 1 min read
Construction equipment stands beside a data center site in Bucheon, South Korea (AI-generated image / EconoTimes)
Construction equipment stands beside a data center site in Bucheon, South Korea (AI-generated image / EconoTimes)

KT Corporation is maintaining its 2028 return on equity target while planning to add one gigawatt of AI data center capacity by 2031, tying financial goals to a broader buildout of AX infrastructure.

The company’s August 2026 plan, filed with the U.S. Securities and Exchange Commission, keeps its consolidated return on equity (ROE) goal at 9% to 10%. The 2026 plan carries forward an ROE objective KT set in 2024. Under KT’s calculation, consolidated net income attributable to owners of the parent is measured relative to controlling shareholders’ equity.

KT’s goal is for 2028 AX revenue to exceed twice its 2025 level, with its consolidated operating profit margin reaching at least 9%. The company points to service innovation and new growth businesses, alongside AX infrastructure such as AI data centers and submarine cables, as ways to expand revenue. It says profitability would also benefit from AX-based cost savings and trimming operations where margins and growth prospects are limited.

KT’s third-quarter earnings presentation describes an AI data center expansion through 2031 that would respond to demand. KT plans to open six sites by 2029, with Bucheon 1/2 Center listed for 2027; Gaebong, Gunsan and Yongin for 2028; and Ansan for 2029.

The presentation also showed cumulative AX revenue through the third quarter rising 11.9% from a year earlier.

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