SK Telecom Operating Profit 1.3493 Trillion KRW Last Year... 21.8% Increase Year-on-Year
[Asia Economy Reporter Seulgina Jo] SK Telecom announced on the 3rd that it recorded annual sales of 18.6247 trillion KRW and an operating profit of 1.3493 trillion KRW last year. Sales increased by 5% and operating profit by 21.8% compared to the previous year. During the same period, net profit rose 74.3% to 1.5005 trillion KRW, influenced by equity-method gains from SK Hynix.
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SK Telecom explained, "The performance of the wireless and media businesses improved, and operating profit increased due to the merger with TBroad," adding, "The increase in equity-method gains from SK Hynix also had an impact."
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