[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.



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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