SK Telecom Q2 profit jumps 67% on AI data center growth

SK Telecom said in a regulatory filing on Wednesday that its second-quarter operating profit jumped 67.3 percent on-year to 566 billion won ($397 million), driven by strong growth in its data center business. Revenue edged up 0.5 percent on-year to 4.36 trillion won, while net profit surged 460.1 percent on-year to 466 billion won, according to the preliminary earnings report. Operating profit and net profit beat market expectations, while revenue came in slightly below forecasts. Financial data

By The Korea Herald