SK Networks has reported a strong financial performance for the second quarter of 2024, posting an operating profit of 29 billion won (US$23 million). This marks a notable improvement from the previous quarter, with an increase of 4 billion won (US$3.1 million). The company attributed its financial success to strong performances in its mobile devices business and logistics operations, which capitalized on market trends and consumer demand.
The company’s net income reached 21 billion won (US$17 million) (115% Y-o-Y increase).
SK Networks reported total revenue of 1.69 trillion won (US$1.33 billion) for the quarter, flat from previous year.
Looking ahead, SK Networks plans to continue investing in digital transformation and expanding its market reach. The company is focused on leveraging technology to enhance operational efficiency and drive sustainable growth amid global economic challenges.
