SK Telecom Q1 Net Profit Dips 0.1%

Technology

⚡SK Telecom Q1 Net Profit Dips 0.1%

By IANS

SK Telecom Q1 Net Profit Dips 0.1%

SK Telecom, South Korea's leading wireless service provider, said on Monday its first-quarter net profit edged down 0.1 per cent from a year earlier due to higher corporate taxes. Net profit for the three months ended in March fell to 361.6 billion won ($258.3 million) from 361.9 billion won in the same period last year, the company said in a regulatory filing.