SK Networks Co. will acquire a 36.06% stake in Incross Co. from SK Square Co. for 39.2 billion won ($28.7 million), paying a 20% premium, as part of a strategic portfolio shift.
#YonhapInfomax #SKNetworks #SKSquare #Incross #StakeAcquisition #392BillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88473
SK Networks President Choi Sung-hwan met with Eric Trump in Hong Kong, discussing global economic trends, AI, and cryptocurrency collaboration opportunities.
#YonhapInfomax #SKNetworks #ChoiSungHwan #EricTrump #Cryptocurrency #ArtificialIntelligence #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79677
SK Networks President Choi Sung-hwan Meets with Trump’s Second Son Eric Trump—What Was Discussed?

SK Networks President Choi Sung-hwan met with Eric Trump in Hong Kong, discussing global economic trends, AI, and cryptocurrency collaboration opportunities.

Yonhap Infomax
SK Networks CEO Lee Ho-jung announced plans to cut the company’s net debt to zero, reducing it from 4.5 trillion won to 1.3 trillion won by June 2024, and emphasized leveraging AI for business innovation.
#YonhapInfomax #SKNetworks #NetDebt #DebtReduction #AI #NICEInvestorsService #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79489
SK Networks CEO Lee Ho-jung Vows to Strengthen Competitiveness with 'Zero Net Debt'

SK Networks CEO Lee Ho-jung announced plans to cut the company’s net debt to zero, reducing it from 4.5 trillion won to 1.3 trillion won by June 2024, and emphasized leveraging AI for business innovation.

Yonhap Infomax
SK Networks Co. reported a 48% year-on-year jump in Q2 operating profit to 43 billion won, despite a 10.3% drop in revenue, highlighting improved profitability.
#YonhapInfomax #SKNetworks #OperatingProfit #Q2Earnings #Profitability #RevenueDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76913
SK Networks Posts 48% Surge in Q2 Operating Profit to 43 Billion Won, Profitability Improves

SK Networks Co. reported a 48% year-on-year jump in Q2 operating profit to 43 billion won, despite a 10.3% drop in revenue, highlighting improved profitability.

Yonhap Infomax
SK Networks has led a $4 million investment in Silicon Valley-based Phoenix Lab, marking the startup's first external funding for its AI-driven pharmaceutical solutions, with participation from leading AI figures.
#YonhapInfomax #SKNetworks #PhoenixLab #GenerativeAI #PharmaceuticalIndustry #InvestmentRound #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75364
SK Networks Leads Investment in AI Pharma Startup Phoenix Lab

SK Networks has led a $4 million investment in Silicon Valley-based Phoenix Lab, marking the startup's first external funding for its AI-driven pharmaceutical solutions, with participation from leading AI figures.

Yonhap Infomax
SK Networks reports Q1 operating profit decline of 15.6% to 16.5 billion won, swings to net loss amid business restructuring and AI investment expenses
#YonhapInfomax #SKNetworks #Q1Earnings #OperatingProfit #NetLoss #AIInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63015
SK Networks Q1 Operating Profit Down 15.6% to 16.5 Billion Won, Swings to Net Loss

SK Networks reports Q1 operating profit decline of 15.6% to 16.5 billion won, swings to net loss amid business restructuring and AI investment expenses

Yonhap Infomax
SK Networks reports Q1 operating profit decline of 15.6% to 16.5 billion won, with sales down 21.1% and a shift to net loss, signaling challenges in the company's performance
#YonhapInfomax #SKNetworks #Q1Earnings #OperatingProfit #NetLoss #FinancialPerformance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63006
SK Networks Q1 Operating Profit Down 15.6% to 16.5 Billion Won, Net Loss Recorded

SK Networks reports Q1 operating profit decline of 15.6% to 16.5 billion won, with sales down 21.1% and a shift to net loss, signaling challenges in the company's performance

Yonhap Infomax
SK Networks secures 1.4 trillion won in bond demand, 9 times its target, after selling rental car business improved financial health
#YonhapInfomax #SKNetworks #CorporateBond #DebtRatio #FinancialSoundness #FundraisingDemand #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57983
SK Networks Secures 1.4 Trillion Won in Bond Demand Forecast, Benefiting from 'Rental Car Sale Effect'

SK Networks secures 1.4 trillion won in bond demand, 9 times its target, after selling rental car business improved financial health

Yonhap Infomax
SK Networks reports 41.4% increase in operating profit to 113.9 billion won for 2024, emphasizing AI-driven growth and business restructuring efforts
#YonhapInfomax #SKNetworks #OperatingProfit #ArtificialIntelligence #BusinessRestructuring #FinancialPerformance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50432
SK Networks' Operating Profit Up 41% to 113.9 Billion Won Last Year - 'AI Growth Materializing'

SK Networks reports 41.4% increase in operating profit to 113.9 billion won for 2024, emphasizing AI-driven growth and business restructuring efforts

Yonhap Infomax