ID :
58368
Thu, 04/30/2009 - 16:45
Auther :

SK Telecom Q1 net dips 17.3 pct on higher costs

SEOUL, April 30 (Yonhap) -- SK Telecom Co., South Korea's leading mobile carrier,
said Thursday its net profit fell 17.3 percent in the first quarter from a year
earlier on increased costs.
Net income stood at 316.8 billion won (US$240 million) in the January-March
period, compared with 383 billion won a year ago, the company said in a
regulatory filing. Its bottom line, however, was up 20.4 percent from three
months earlier.
Sales rose 1.4 percent to 2.88 trillion won, while operating profit rose 1.8
percent to 564 billion won, it said.
ygkim@yna.co.kr
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