Report of Foreign Issuer (6-k)

Date : 05/07/2018 @ 6:32AM
Source : Edgar (US Regulatory)
Stock : SK Telecom Co., Ltd. (SKM)
Quote : 26.21  -0.18 (-0.68%) @ 3:59PM

Report of Foreign Issuer (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 MAY 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
(First quarter

 

of 2018)

 

     Previous Period
(Fourth quarter

 

of 2017)

     Changes
(%)
     Year to Year
Comparison

 

(First quarter

 

of 2017)

     Changes
(%)
 

Operating Revenue

   Quarterly Results      41,815        44,973        -7.02        42,344        -1.25  
   Year-to-date (“YTD”) Results      41,815        175,200        —          42,344        —    

Operating Income

   Quarterly Results      3,255        3,104        4.86        4,105        -20.71  
   YTD Results      3,255        15,366        —          4,105        —    

Profit from Continuing

   Quarterly Results      9,070        9,266        -2.12        7,242        25.24  

Operations Before Income Tax

   YTD Results      9,070        34,032        —          7,242        —    

Profit for the Period

   Quarterly Results      6,934        6,606        4.97        5,835        18.83  
   YTD Results      6,934        26,576        —          5,835        —    

Attributable To: Controlling Interests

   Quarterly Results      6,950        5,900        17.80        5,891        17.98  
   YTD Results      6,950        25,998        —          5,891        —    

 

2


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
(First quarter
of 2018)
     Previous Period
(Fourth quarter
of 2017)
     Changes
(%)
     Year to Year
Comparison
(First quarter
of 2017)
     Changes
(%)
 

Operating Revenue

   Quarterly Results      29,885        31,139        -4.03        30,880        -3.22  
   YTD Results      29,885        124,680        —          30,880        —    

Operating Income

   Quarterly Results      3,693        3,753        -1.60        4,394        -15.95  
   YTD Results      3,693        16,977        —          4,394        —    

Profit Before Income Tax

   Quarterly Results      4,775        1,766        170.39        4,896        -2.47  
   YTD Results      4,775        16,038        —          4,896        —    

Profit for the Period

   Quarterly Results      3,644        1,501        142.77        3,882        -6.13  
   YTD Results      3,644        13,311        —          3,882        —    

 

3. Source of Data

   Data Provider    IR Team, SK Telecom
  

 

Provided for

   Analysts and Institutional Investors
  

 

Date of Provision

   May 4, 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” is based on IFRS 15.

 

•  As a supplemental information of our Q1 of 2018 operating results, the company provides unaudited results under the comparative historical accounting method prior to our adoption of IFRS 15.

 

ø   1Q 2018 Earnings Results based on old standard (unit : in 100 millions of Won)

 

Classification

   Consolidated      Non-consolidated  

Operating Revenue

     42,207        29,929  

Operating Income

     3,595        3,960  

Profit for the Period

     7,166        3,840  

 

3


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 T ELECOM C O ., L TD .

(Registrant)

By:  

/s/ Jung Hwan Choi

  (Signature)
Name:   Jung Hwan Choi
Title:   Senior Vice President

Date: May 4, 2018

 

4

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