SK Innovation 2023 net profit down 71.2% to $409.8 mil.
SK Innovation’s battery plant in Seosan, South Chungcheong Province, is seen in this undated file photo. Courtesy of SK Innovation
SK Innovation on Tuesday reported its 2023 net income of 546.3 billion won ($409.8 million), down 71.2 percent from a year earlier.
The company said in a regulatory filing that it posted 1.9 trillion won in operating profit for the year, compared with 3.91 trillion from the previous year. Annual revenue fell 1 percent to 77.28 trillion won. (Yonhap)