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SK Telecom's Q2 revenues up 7% as mobile returns to growth

Friday 2 August 2019 | 08:10 CET | News
South Korean operator SK Telecom posted revenue of KRW 4.43 trillion for the second quarter of 2019, which represents an increase of 6.8 percent year-on-year. Growth was mainly boosted by a revenue turnaround in the mobile communications business and sustained growth in media, security and commerce businesses. Net income decreased by 30.7 percent quarter-on-quarter and by more than 71 percent year-on-year to KRW 259.1 billion, due to lower equity method gains from SK Hynix.

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Categories: General
Companies: SK Hynix / SK Telecom
Countries: Korea, Republic of
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