SK Innovation Reports Net Loss of 2.4 Trillion Won for 2024

Seoul: SK Innovation Co. on Thursday reported a net loss of 2.4 trillion won (US$1.7 billion) for 2024, swinging from a profit of 554.9 billion won a year earlier.

According to Yonhap News Agency, the company's operating profit for the year was 315.5 billion won, marking a decline of 83.4 percent from the previous year. Additionally, SK Innovation's annual sales experienced a decrease of 3.3 percent, totaling 74.71 trillion won.