SK Innovation Q4 Net Profit Drops 15%

SK Innovation Co reported a 15% drop in its consolidated Q4 net profit. SK Innovation's quarterly net profit declined to KRW156.3 billion from KRW183.2 billion. Its operating profit fell 19% to KRW343.1 billion from KRW421 billion. SK Innovation's sales surged 24% to KRW16.935 trillion versus KRW13.703 trillion.