On Wednesday, SK Telecom Co. reported a third-quarter net income of 308.2 billion won (US$236.3 million), a 25.5 percent increase from the same period the previous year. The company also revealed that their operating profit for the quarter was 498 billion won, compared to 465.6 billion won a year ago, while their sales rose 1.4 percent to 4.4 trillion won.
The results exceeded market expectations, with analysts predicting a net profit of 291.2 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
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