ID :
57269
Fri, 04/24/2009 - 14:56
Auther :

SK Energy Q1 net rises 2 pct on weaker won


By Nam Kwang-sik
SEOUL, April 24 (Yonhap) -- SK Energy Co., South Korea's top oil refiner, said
Friday its first-quarter earnings gained 2 percent from a year earlier thanks to
a weaker won and robust earnings from oil exploration.

Net income amounted to 246 billion won (US$183 million) in the January-March
period, compared with 243 billion won a year earlier, SK Energy said in a
regulatory filing.
Sales, however, fell 14 percent on-year to 8.1 trillion won, while operating
profit rose 62 percent to 645 billion won, it said.
Shares of SK Energy closed flat at 102,000 won on the Seoul bourse.
ksnam@yna.co.kr
(END)

X