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SK Holdings profit beats consensus by 281.0% in Q2

SK Holdings Co. Ltd. said its normalized net income for the second quarter came to 275.84 billion won.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 1.3%.

Total revenue came to 21.129 trillion won, and total operating expenses came to 19.444 trillion won.

Reported net income totaled 287.13 billion won, or 5,143.42 won per share.

As of Aug. 16, US$1 was equivalent to 1,094.67 South Korean won.