SK Telecom logs 4.6 pct rise in Q2 earnings

SEOUL, July 28 (Yonhap) -- SK Telecom Co., South Korea's leading mobile carrier,
said Tuesday its net profit rose 4.6 percent in the first quarter from a year
earlier on higher revenue.
Net income stood at 311.6 billion won (US$251 million) in the April-June period,
compared with 298 billion won a year ago, the company said in a regulatory
filing. Compared with the previous quarter, earnings dropped 1.6 percent.
Sales rose 4.7 percent to 3.07 trillion won, while operating profit rose 3.8
percent to 553 billion won, it said.
Shares of SK Telecom were trading even at 179,500 won on the main bourse as of
11:06 a.m.
ygkim@yna.co.kr
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