Sk Telecom Co Ltd 6-K, filed Feb 7, 2020
Sk Telecom Co Ltd (SKM)
About this 6-K
Sk Telecom Co Ltd filed this 6-K on February 7, 2020.
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 2020
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): ☐
Preliminary Results of Operations
• The preliminary results shown below may differ from the final results.
1. Basis: Consolidated
| Classification (unit : in 100 millions of Won, %) |
Current Period (Fourth quarter of 2019) |
Previous Period (Third quarter of 2019) |
Changes (%) |
Year to Year Comparison (Fourth quarter of 2018) |
Changes (%) |
|||||||||||||||||
| Operating Revenue |
Quarterly Results | 44,106 | 45,612 | (3.30 | ) | 43,517 | 1.35 | |||||||||||||||
| Year-to-date (“YTD”) Results |
177,437 | 133,331 | — | 168,740 | 5.15 | |||||||||||||||||
| Operating Income |
Quarterly Results | 1,625 | 3,021 | (46.21 | ) | 2,253 | (27.87 | ) | ||||||||||||||
| YTD Results | 11,100 | 9,475 | — | 12,018 | (7.64 | ) | ||||||||||||||||
| Profit from Continuing Operations Before Income Tax |
Quarterly Results | (78 | ) | 3,494 | N.A. | * | 6,040 | N.A. | * | |||||||||||||
| YTD Results | 11,627 | 11,704 | — | 39,760 | (70.76 | ) | ||||||||||||||||
| Profit for the Period |
Quarterly Results | (452 | ) | 2,744 | N.A. | * | 4,745 | N.A. | * | |||||||||||||
| YTD Results | 8,619 | 9,071 | — | 31,320 | (72.48 | ) | ||||||||||||||||
| Attributable To: Controlling Interests |
Quarterly Results | (271 | ) | 2,744 | N.A. | * | 4,849 | N.A. | * | |||||||||||||
| YTD Results | 8,899 | 9,170 | — | 31,279 | (71.55 | ) | ||||||||||||||||
| * | Means “not applicable.” |
2. Basis: Separate
| Classification (unit : in 100 millions of Won, %) |
Current Period (Fourth quarter of 2019) |
Previous Period (Third quarter of 2019) |
Changes (%) |
Year to Year Comparison (Fourth quarter of 2018) |
Changes (%) |
|||||||||||||||||
| Operating Revenue |
Quarterly Results | 28,447 | 29,115 | (2.29 | ) | 28,497 | (0.17 | ) | ||||||||||||||
| YTD Results | 114,162 | 85,715 | — | 117,056 | (2.47 | ) | ||||||||||||||||
| Operating Income |
Quarterly Results | 1,164 | 2,528 | (53.95 | ) | 2,593 | (55.12 | ) | ||||||||||||||
| YTD Results | 9,501 | 8,337 | — | 13,075 | (27.33 | ) | ||||||||||||||||
| Profit Before Income Tax |
Quarterly Results | 33 | 2,030 | (98.37 | ) | 1,979 | (98.33 | ) | ||||||||||||||
| YTD Results | 11,855 | 11,822 | — | 12,212 | (2.93 | ) | ||||||||||||||||
| Profit for the Period |
Quarterly Results | 132 | 1,611 | (91.78 | ) | 1,664 | (92.04 | ) | ||||||||||||||
| YTD Results | 9,803 | 9,671 | — | 9,339 | 4.97 | |||||||||||||||||
| 3. Source of Data | Data Provider Provided for | IR Team, SK Telecom Analysts and Investors | ||||||||||
| Date of Provision Location | February 7, 2020 / 11:00 a.m. (Seoul time) 2019 Earnings Results Conference Call | |||||||||||
| Organizing Team | IR Team, SK Telecom (+82-2-6100-2114) | |||||||||||
| 4. Other Important Matters Relating to an Investment Decision | • The preliminary results above have been prepared in accordance with International Financial Reporting Standards as adopted in Korea.
• Beginning on January 1, 2019, K-IFRS 1116 “Leases” has been adopted. | |||||||||||
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/ Jung Hwan Choi |
| (Signature) |
| Name: Jung Hwan Choi |
| Title: Senior Vice President |
Date: February 7, 2020