SK Innovation announced on the 28th that it had achieved preliminary results of ▲revenue of 80.296 trillion won and ▲operating profit of 4.481 trillion won last year, based on consolidated standards.
Compared to the previous year, revenue and operating profit increased by 8.2% and 25.8% respectively. However, net profit recorded a 127.9% decrease, resulting in a loss of 5.4061 trillion won. As a result, the decision was made not to pay dividends.
SK Innovation stated that the decision not to pay dividends was due to "fluctuations caused by global economic downturn, declining product margins, and impairment losses on assets." They also mentioned that the change in financial performance and management environment led to this decision.