SK Networks-Q1 earnings

SK Networks Q1 net profit down 55 pct. to 29.5 bln won

SEOUL, May 9 (Yonhap) -- SK Networks Co. on Monday reported its first-quarter net profit of 29.5 billion won (US$23.1 million), down 55 percent from a year earlier.

The company said in a regulatory filing that it posted 43.3 billion won in operating profit for the quarter, compared with 26.4 billion won a year ago. Sales fell 9.2 percent to 2.5 trillion won.

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