SK Innovation Reports Operating Profit of 3.9988 Trillion KRW Last Year, Up 129.6% Year-on-Year

[Asia Economy Reporter Yoo Byung-don] SK Innovation announced on the 6th that it recorded an operating profit of 3,998.8 billion KRW last year.

This represents a 129.6% increase compared to the previous year.

Sales amounted to 78.0569 trillion KRW, up 66.6%, and net profit for the period rose 307.4% to 1.9901 trillion KRW.

Meanwhile, on the same day, SK Innovation announced a dividend of 5,804 KRW per common share.

Preferred shares will receive a dividend of 5,808 KRW per share. As profitability greatly improved, dividends also increased significantly.

Last year's dividends were 2,508 KRW for common shares and 2,558 KRW for preferred shares.