Form 6-K

 

 

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 OCTOBER 2018

Commission File Number: 333-04906

 

 

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

 

 

Euljiro 65, 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):  ☐

 

 

 

Business (Preliminary) Results

ø The preliminary results shown in this table may differ from the final results

1. Details (Consolidated and prepared in accordance with International Financial Reporting Standards as adopted in Korea)

 

Classification

(unit : in 100 millions of Won, %)

    Current Period
(Third quarter
of 2018)		      Previous Period
(Second quarter
of 2018)		      Changes
(%)		      Year to Year
Comparison
(Third quarter
of 2017)		      Changes
(%)		  

Operating

Revenue

    Quarterly Results      41,864        41,543        0.77        44,427        -5.77  
   Year-to-date (“YTD”) Results      125,223        83,359        —          130,227        -3.84  

Operating

Income

    Quarterly Results      3,041        3,469        -12.34        3,924        -22.50  
   YTD Results      9,765        6,724        —          12,262        -20.36  

Profit from

Continuing

Operations Before

Income Tax

    Quarterly Results      13,019        11,630        11.94        10,041        29.66  
   YTD Results      33,720        20,700        —          24,767        36.14  

Profit for the

Period

    Quarterly Results      10,498        9,143        14.82        7,930        32.38  
   YTD Results      26,575        16,077        —          19,970        33.07  

Attributable To:

Controlling

Interests

    Quarterly Results      10,314        9,167        12.51        7,958        29.61  
   YTD Results      26,430        16,117        —          20,098        31.51  

 

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2. Details (Non-Consolidated and prepared in accordance with International Financial Reporting Standards as adopted in Korea)

 

Classification

(unit : in 100 millions of Won, %)

    Current Period
(Third quarter
of 2018)		      Previous Period
(Second quarter
of 2018)		      Changes
(%)		      Year to Year
Comparison
(Third quarter
of 2017)		      Changes
(%)		  

Operating Revenue

    Quarterly Results      29,256        29,418        -0.55        31,565        -7.32  
   YTD Results      88,559        59,303        —          93,541        -5.33  

Operating

Income

    Quarterly Results      3,106        3,682        -15.67        4,207        -26.17  
   YTD Results      10,482        7,376        —          13,224        -20.74  

Profit Before Income

Tax

    Quarterly Results      2,499        2,959        -15.55        5,642        -55.71  
   YTD Results      10,233        7,734        —          14,272        -28.30  

Profit for the Period

    Quarterly Results      1,833        2,198        -16.61        4,787        -61.71  
   YTD Results      7,675        5,842        —          11,810        -35.01  
3. Source of Data          Data Provider    IR Team, SK Telecom
   Provided for   

 

Analysts and Institutional Investors

   Date of Provision   

 

OCTOBER 30, 2018 / 15:00(Seoul time)

   Location   

 

SK Telecom Headquarters, Conference Room

   Organizing Team   

 

IR Team, SK Telecom

 

(+82-2-6100-2114)

4. Other Matters Relating to an Investment Decision

 

   

 

- The above preliminary results have been prepared in accordance with International Financial Reporting Standards as adopted in Korea.

 

- Among the figures listed above, “Current Period”, and “Previous Period is based on IFRS 15.

 

- As a supplemental information of our Q3 of 2018 operating results, the company provides unaudited results under the comparative historical accounting method prior to our adoption of IFRS 15.

 

ø 3Q 2018 Earnings Results based on old standard (unit : in 100 millions of Won)

Classification

    Consolidated      Non-consolidated  

Operating Revenue

      41,990        29,287  

Operating Income

      3,053        3,270  

Profit for the Period

      10,501        1,980  

 

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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: October 30, 2018

 

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