[Concall] SK Inno "E&S Merger to Generate Additional 2.2 Trillion KRW Profitability by 2030"

SK Innovation announced plans to achieve additional profitability of approximately KRW 2.2 trillion by 2030 through a merger with SK E&S.

On the 1st, during the Q2 earnings conference call, SK Innovation stated, "The energy-related businesses operated by both companies are highly interconnected, and each company's core competencies are complementary," adding, "By integrating the assets and capabilities held by both companies, we expect to further strengthen competitiveness and profitability."

They continued, "By consolidating capabilities in the oil business, LNG business, and electrification business, we will provide customized energy solution packages for customers," and "We plan to achieve additional profitability of about KRW 2.2 trillion by 2030."

Furthermore, they said, "We will strive to complete the merger to improve shareholder value," and "we will actively communicate with shareholders and investors during the merger process and listen to their opinions."

This content was produced with the assistance of AI translation services.