Docoh
Loading...

SKM SK Telecom

Filed: 3 Feb 21, 6:01am

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF FEBRUARY 2021

Commission File Number: 333-04906

 

 

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

 

 

65 Euljiro, Jung-gu

Seoul 04539, Korea

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

 

 

 


Changes of 15% or More in Revenue or Profit

 

LOGO The preliminary results shown below may differ from the final results, which remain subject to audit by the independent auditors of SK Telecom Co., Ltd. (the “Company”).

 

1. Basis: Consolidated

        

2. Details of Changes (in thousands of Won, except percentages)

  Current Fiscal
Year
   Previous Fiscal
Year
   Amount Increased/
Decreased
   Increase/Decrease
Rate (%)
 

Operating Revenue

   18,624,651,018    17,740,715,768    883,935,250    5.0 

Operating Income

   1,349,324,488    1,108,176,392    241,148,096    21.8 

Profit from Continuing Operations Before Income Tax

   1,877,040,410    1,161,001,177    716,039,233    61.7 

Profit for the Period

   1,500,538,329    860,733,284    639,805,045    74.3 

3. Financial Position (in thousands of Won, except percentages)

  Current Fiscal
Year
   Previous Fiscal
Year
 

Total Assets

   47,906,956,258    45,202,366,354 

Total Liabilities

   23,510,712,911    22,385,431,595 

Total Shareholders’ Equity

   24,396,243,347    22,816,934,758 

Capital Stock

   44,639,473    44,639,473 

Ratio of Total Shareholders’ Equity to Capital Stock (%)

   54,651.7    51,113.8 

4. Main Reasons for Changes in Revenue or Profit/Loss

     


  

•  Increase in operating profit, primarily as a result of
improved results of operations of the wireless and media
businesses, and the merger with Tbroad Co., Ltd.


•  Increase in gain related to the equity method investment in
SK hynix Inc.

   
 
 

   
 

 

Additional Disclosure

 

   Basis  Current Fiscal Year   Previous Fiscal Year 

Equity attributable to the owners of the parent company (in thousands of Won)

  Consolidated   23,743,893,955    22,950,227,758 

Ratio of Equity attributable to the owners of the parent company to Capital Stock (%)

  Consolidated   53,190.4    51,412.4 

Operating Revenue (in thousands of Won)

  Separate   11,746,629,821    11,421,342,379 

The preliminary results above have been prepared on a consolidated basis in accordance with International Financial Reporting Standards as adopted in Korea. The results of operations above reflect the impact of a change in our accounting policies resulting from a new interpretation of IFRS 16, Leases. The preliminary results above are estimates only and are subject to change based upon the results of an audit conducted by the independent auditors of the Company and the approval process at the Company’s annual shareholders’ meeting.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

SK Telecom Co., Ltd.
(Registrant)
By: 

/s/ Joong Suk Oh

(Signature)
Name: Joong Suk Oh
Title: Senior Vice President

Date: February 3, 2021