SK Networks swings to loss in Q4
SK Group's logo is seen in front of its headquarters, in Jongno District, Seoul, Sept. 1, 2021. Newsis
SK Networks on Tuesday reported its fourth-quarter net loss of 23.2 billion won ($17.4 million), turning from a profit of 27.3 billion won a year earlier.
The company said in a regulatory filing that it posted 50.5 billion won in operating profit for the quarter, compared with 38.9 billion won a year ago. Revenue fell 3.1 percent to 2.4 trillion won. (Yonhap)