SK Telecom Q4 Net Income, Revenue Decrease

MT Newswires Live02-05

SK Telecom (SKM) reported Q4 net income Thursday of 97 billion Korean won ($66.7 million), down from 394.8 billion won a year earlier.

Revenue for the quarter ended Dec. 31 was 4.329 trillion won, down from 4.512 trillion won a year earlier.

Analysts surveyed by FactSet expected 4.384 trillion won.

Shares of the company were up 2% in recent premarket activity.

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