Business · Companies · 1 hr ago
SK Telecom’s third-quarter operating profit rises to 552.3 billion won
SK Telecom earned 552.3 billion won in operating profit in the third quarter.
That was 11 times its profit in the same period last year.
The South Korean telecom company has now posted quarterly operating profit in the 500-billion-won range for three quarters in a row.
Its results had worsened sharply after a hacking incident last year.
The latest figures point to a clear recovery in its performance.
No next steps or outlook are given.
SK Telecom reported third-quarter operating profit of 552.3 billion won, 11 times the level in the same period last year.
The company recorded operating profit in the 500 billion won range for three consecutive quarters this year.
The results were described as a recovery from a sharp deterioration linked to a hacking incident last year.
SK Telecom’s revenue rose 13.1% to $3.4 billion, according to Tech in Asia.
The company said it formed two units, SK Hyper and SK Horizon, to expand its AI data center business.
- Who
- SK Telecom.
- What
- It reported third-quarter operating profit of 552.3 billion won, 11 times the amount in the same period last year.
- When
- The third quarter of this year. The reports were published on November 4, 2026.
- Where
- Not stated.
- Why
- The sources describe the results as a recovery from a sharp deterioration linked to last year’s hacking incident.
This story does not have two clearly opposing sides.
A hacking incident sharply worsened SK Telecom’s performance.
SK Telecom recorded operating profit in the 500 billion won range.
- Third-quarter operating profit
- 552.3 billion won
- Year-on-year comparison
- 11 times the operating profit in the same period last year
- Revenue
- $3.4 billion, up 13.1%
- New units
- SK Hyper and SK Horizon
- Business expansion
- AI data centers