SK Networks Reports Operating Profit of 123.7 Billion KRW Last Year, Up 13.1% Year-on-Year
[Asia Economy Reporter Lee Seon-ae] SK Networks announced on the 5th that its operating profit based on consolidated financial statements for last year was tentatively estimated at 123.7 billion KRW, a 13.1% increase compared to the previous year. Last year's sales amounted to 10.6314 trillion KRW, a decrease of 18.6% from the previous year. Net profit turned positive at 42.1 billion KRW. Operating profit for the 4th quarter was 8.4 billion KRW, turning positive compared to the 4th quarter of the previous year (operating loss of 51.8 billion KRW), with sales and net loss recorded at 2.7624 trillion KRW and 6.9 billion KRW, respectively.
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