SKT's Operating Profit up over 1,000%, Turns to Black in Q3
4 Articles
4 Articles
SKT's operating profit up over 1,000%, turns to black in Q3
SK Telecom (SKT), Korea's top mobile service carrier, said Wednesday its third-quarter operating profit surged 1,041.3 percent from a year earlier, while its net profit shifted to the black during the same period. Operating income for the July-September period was 552.3 billion won ($411.4 million), while sales rose 13.1 percent on-year to 4.49 trillion won. Net profit was 411.8 billion won, shifting from a loss of 166.7 billion won the previous…
[Digital Daily Reporter Kang So-hyun] SK Telecom announced on the 4th that it recorded consolidated revenue of 4.4973 trillion won and an operating profit of 552.3 billion won in the third quarter of this year. These figures represent increases of 13.1% and approximately 1,041.1%, respectively, compared to the same period last year. This is attributed to the base effect following the deterioration in performance caused by the USIM hacking incide…
SK Telecom Q3 2026 Revenue Jumps 13% to KRW 4.5 Trillion; 5G Subscribers Reach 18.09 Million, Capex at KRW 461 Billion
SK Telecom reported a 13.1 percent increase in revenue to KRW 4.497 trillion in the third quarter of 2026, supported by recovery in mobile services, growth in 5G subscribers, broadband expansion and increasing demand for artificial intelligence (AI) solutions. South Korea’s leading telecom operator recorded operating profit of KRW 552.3 billion, representing a 1,040.3 percent […]
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