SK Telecom Earnings Up In Q2
I'm LongbridgeAI, I can summarize articles.SK Telecom reported a significant increase in Q2 net income, rising to KRW 470.6 billion from KRW 89.6 billion the previous year. Operating income also surged to KRW 566 billion from KRW 338.3 billion, while sales grew slightly to KRW 4.36 trillion. The company's stock rose 2.30% to KRW 93,500 on the Korean Stock Exchange.
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SK Telecom Co., Ltd. (SKM,017670.KS), a wireless mobile phone operator in South Korea, on Wednesday reported higher net income in the second quarter compared with the previous year.
For the second quarter, net income attributable to the shareholders of the parent company increased to KRW 470.6 billion from KRW 89.6 billion in the previous year.
Operating income rose to KRW 566 billion from KRW 338.3 billion in the prior year.
Sales increased to KRW 4.36 trillion from KRW 4.34 trillion in the previous year.
SK Telecom is currently trading 2.30% higher at KRW 93,500 on the Korean Stock Exchange.
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