SK Telecom said on Aug. 5 that second-quarter operating profit on a consolidation basis was 566.0 billion won, up 67.34% from the same period a year earlier. Revenue for the period was 4.3591 trillion won, up 0.47%, and net profit was 466.0 billion won, up 459.76%.
The second-quarter results slightly beat analysts' expectations. FnGuide had estimated SK Telecom's second-quarter revenue on a consolidation basis at 4.4134 trillion won and operating profit at 545.8 billion won, up 1.79% and 61.3%, respectively, from a year earlier. Net profit for the period was projected at 378.1 billion won, up 321.98%.
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