SK Telecom Reports Operating Profit of 1.3872 Trillion Won Last Year, Up 11% from Previous Year (1st Report)
[Asia Economy Reporter Lim Hye-seon] SK Telecom announced on the 9th that its operating profit on a consolidated basis reached 1.3872 trillion KRW last year, an increase of 11.1% compared to the previous year. During the same period, sales rose 4.1% from 2020 to 16.7486 trillion KRW.
The net profit for 2021 increased by 61.2% to 2.419 trillion KRW.
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SK Telecom explained, "The increase in non-operating income due to the sale of SK Wyverns led to growth in profit before income tax and net profit," adding, "The equity-method profit from SK Hynix related to discontinued operations also increased."
This content was produced with the assistance of AI translation services.
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