Sk Telecom Co Ltd 6-K, filed Feb 8, 2023
Sk Telecom Co Ltd (SKM)
About this 6-K
Sk Telecom Co Ltd filed this 6-K on February 8, 2023.
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 2023
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): ☐
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
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): ☐
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Changes of 15% or More in Revenue or Profit
The preliminary results shown below may differ from the final results, which remain subject to audit by the external auditor of SK Telecom Co., Ltd. (the “Company”). |
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| 1. Basis: Consolidated |
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| 2. Details of Changes (in thousands of Won, except percentages) |
Current Fiscal Year |
Previous Fiscal Year |
Amount Increased/ Decreased |
Increase/Decrease Rate (%) |
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| Operating Revenue |
17,304,973,291 | 16,748,585,314 | 556,387,977 | 3.3 | ||||||||||||
| Operating Income |
1,612,069,519 | 1,387,161,920 | 224,907,599 | 16.2 | ||||||||||||
| Profit from Continuing Operations Before Income Tax |
1,236,152,084 | 1,718,190,820 | (482,038,736 | ) | (28.1 | ) | ||||||||||
| Profit for the Period |
947,830,928 | 2,418,988,751 | (1,471,157,823 | ) | (60.8 | ) | ||||||||||
| 3. Financial Position (in thousands of Won, except percentages) |
Current Fiscal Year | Previous Fiscal Year | ||||||||||||||
| Total Assets |
31,308,260,984 | 30,911,276,640 | ||||||||||||||
| Total Liabilities |
19,153,066,586 | 18,576,138,616 | ||||||||||||||
| Total Shareholders’ Equity |
12,155,194,398 | 12,335,138,024 | ||||||||||||||
| Capital Stock |
30,492,716 | 30,492,716 | ||||||||||||||
| Ratio of Total Shareholders’ Equity to Capital Stock (%) |
39,862.6 | 40,452.7 | ||||||||||||||
| 4. Main Reasons for Changes in Revenue or Profit/Loss |
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• Increase in operating income due to improvement in
the
• Decrease in profit from continuing operations before
• Decrease in profit for the
period due to the effect of profit |
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| 5. Date of the resolution by the Board of Directors |
February 7, 2023 | |||||||||||||||
| • Attendance of external directors |
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Present: 5 Absent : 0 |
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| • Attendance of audit committee member that is not an external director |
— | |||||||||||||||
| 6. Other important matters relating to an investment decision |
• The preliminary results set forth in this report have been prepared on a consolidated basis in accordance with International Financial Reporting Standards as adopted in Korea.
• The preliminary results for the previous fiscal year set forth in this report were restated to reflect the effects of the Spin-off.
• The preliminary results set forth in this report may be subject to change based on the results of the audit by the Company’s external auditor and the approval at the general shareholders’ meeting. | |||||||||
| Additional Disclosure |
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| Basis | Current Fiscal Year | Previous Fiscal Year | ||||||||
| Equity attributable to the owners of the parent company (in thousands of Won) |
Consolidated | 11,318,318,732 | 11,579,345,877 | |||||||
| Ratio of Equity attributable to the owners of the parent company to Capital Stock (%) |
Consolidated | 37,118.1 | 37,974.1 | |||||||
| Operating Revenue (in thousands of Won) |
Separate | 12,414,587,521 | 12,102,830,302 | |||||||
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/ Hee Jun Chung | |
| (Signature) | ||
| Name: Hee Jun Chung | ||
| Title: Vice President | ||
Date: February 8, 2023