Due to 5G price war... SK Telecom's Operating Profit Last Year 1.1 Trillion Won, Down 7.6% YoY (Breaking News)
[Asia Economy Reporter Seulgina Jo] SK Telecom announced on the 7th that it recorded sales of 17.7437 trillion KRW and operating profit of 1.1099 trillion KRW in 2019 (consolidated basis), the first year of 5G commercialization. This represents a 5.2% increase in sales and a 7.6% decrease in operating profit compared to the previous year. Net profit amounted to 861.9 billion KRW, down 72.5% due to the equity method gains from SK Hynix.
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