SK Telecom Co., Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 04, 2024 at 08:09 pm EST
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SK Telecom Co., Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was KRW 4,527,300 million compared to KRW 4,394,500 million a year ago. Net income was KRW 176,000 million compared to KRW 212,700 million a year ago. Basic earnings per share from continuing operations was KRW 804 compared to KRW 959 a year ago.
For the full year, sales was KRW 17,608,500 million compared to KRW 17,305,000 million a year ago. Net income was KRW 1,093,600 million compared to KRW 912,400 million a year ago. Basic earnings per share from continuing operations was KRW 4,954 compared to KRW 4,118 a year ago.
SK Telecom Co Ltd is a Korea-based company primarily engaged in the provision of wireless communication services. The Company operates the business through five segments. The Wireless Communication Business segment provides mobile phones, wireless data, information communication business. The Wireline Communication Business segment offers telephones, high speed Internet, data and network rental services. The Security segment provides services such as personnel and machine security, and information protection. The Commerce segment is engaged in e-commerce business. The Other segment is involved in the businesses such as information communication, electronic banking, advertising, Internet portal services.