Sk Telecom Co., Ltd. · KRX:017670
Sk Telecom — Q2 2022 Earnings Presentation
22 slides from Sk Telecom's earnings presentation, Aug 9, 2022
Slide 1: 2022 Q2 Results
2021년 연간 실적 2022 Q2 Results 2022.08.09
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations, and business of SK Telecom (the “Company”, or “SKT) and its subsidiaries, and plans and objectives of the management of the Company. The forward-looking statements are inf
Slide 3: What's New?
What’s New? 2Q22 Financial Results Business Highlights Shareholders Return Appendix
Slide 4: Strategic Partnership with Hana Financial Group
What’s New? Strategic Partnership with Hana Financial Group Hana Card shares worth KRW 330bn (15%) 1 Digital transformation of finance 2 Develop new BMs by combining telecom and finance data 3 Joint utilization of the partners’ infrastructure Hana Financial Group shares 4 Joint marketing based on di
Slide 5: New 5G Price Plans
What’s New? New 5G Price Plans Data Benefits Name Monthly price Smart device Member- Subscrip- Damage Limit QoS ship VIP tion* insurance BasicNEW 49,000 won 8 GB + up to 400Kbps Slim 55,000 won 11 GB up + up to 1Mbps Basic PlusNEW 59,000 won 24 GB + up to 1Mbps 5GX Regular 69,000 won 110 GB + up to
Slide 6: 2Q22 Financial Results
What’s New? 2Q22 Financial Results Business Highlights Shareholders Return Appendix
Slide 7: 2Q22 Financial Results: Consolidated
2Q22 Financial Results Consolidated (KRW bn) 2Q22 2Q21 YoY 1Q22 QoQ Revenue & Operating Margin Operating revenue 4,290 4,125 4.0% 4,277 0.3% (KRW bn) 4,350 4,298 4,290 16% - SKT 3,118 3,022 3.2% 3,077 1.3% 4,277 4,213 4,300 4,250 - SKB 1,033 997 3.6% 1,026 0.7% 14% 4,200 4,125 Operating expenses 3,8
Slide 8: 2Q22 Financial Results: Non-consolidated
2Q22 Financial Results Non-consolidated (KRW bn) 2Q22 2Q21 YoY 1Q22 QoQ Revenue & Operating Margin Operating revenue 3,118 3,022 3.2% 3,077 1.3% (KRW bn) 3,200 16% - MNO 2,616 2,561 2.2% 2,587 1.1% 3,150 3,118 3,073 3,077 14% 3,100 - Other 502 461 9.0% 490 2.5% 3,050 3,022 3,027 12% Operating expens
Slide 9: SK Broadband
2Q22 Financial Results SK Broadband (KRW bn) 2Q22 2Q21 YoY 1Q22 QoQ Revenue & Operating margin Operating revenue 1,033 997 3.6% 1,026 0.7% (KRW bn) 1,061 1,024 1,026 1,033 - Pay tv 467 455 2.8% 471 △0.7% 997 - Fixed line 257 253 1.5% 256 0.1% 7.7% 7.4% 7.6% - B2B business 309 290 6.7% 299 3.3% 6.4%
Slide 10: Business Highlights
What’s New? 2Q22 Financial Results Business Highlights Shareholders Return Appendix
Slide 11: Business Highlights
Business Highlights 〮 5G subscribers become a majority, taking up 50% of 〮 Media revenue was up 22.3% YoY to KRW 382.1bn - Pursue growth and value chain expansion by utilizing fixed and the total handset subscribers wireless subscriber base - 5G M/S further rose to 47.7%* in Q2 * Excluding MVNO 〮 In
Slide 12: Business Highlights: Fixed & Mobile
Business Highlights Fixed & Mobile 5G subscribers become a majority, QoQ rise in ad expenses but continued stabilization trend of accounting for 50% of the total handset subscribers the overall marketing expenses (KRW bn) 817 813 (1,000) 11,682 805 10,879 796 9,874 781 8,650 764 758 7,696 50% 745 6,
Slide 13: Business Highlights: Media & Enterprise
Business Highlights Media & Enterprise Focus on expansion of high-margin product categories and Turn-around expected in 2H with more content offerings marketing expense efficiency amid growth in offline consumption (10,000) (KRW 100mn) 895 140 839 137 137 137 819 132 781 795 130 724 1Q21 2Q21 3Q21 4
Slide 14: Business Highlights: AIVERSE
Business Highlights AIVERSE Subscriber growth on track with 1.2mn subscribers in 1H 1H GMV at KRW 260bn and on track to achieve the year-end goal of KRW 500bn 120 5,000 (10,000) (KRW 100mn) 100 1,200 1,400 1Q22 2Q22 1Q22 2Q22 2022(E) Continued growth of user base by offering rich communication exper
Slide 15: Shareholders Return
What’s New? 2Q22 Financial Results Business Highlights Shareholders Return Appendix
Slide 16: Shareholders Return
Shareholders Return 2021 2022 Category 2020 1Q 2Q 3Q 4Q Total 1Q 2Q Total dividend (KRW bn) 715.1 - 177.9 177.9 361.2 717.0 180.9 181.0 2) 3) DPS (KRW)1) 2,000 - 500 500 1,660 3,295 830 830 Dividend yield 4.1% - 0.8% 0.8% 2.7% 5.7% 1.4% 1.5% 1) Based on the number of shares after stock split (5:1) 2
Slide 17: Appendix
What’s New? 2Q22 Financial Results Business Highlights Shareholders Return Appendix
Slide 18: Financial Statements - Consolidated
Appendix Financial Statements - Consolidated (KRW bn) 1Q21 2Q21 3Q21 4Q21 2021 1Q22 2Q22 (KRW bn) 3-31-21 6-30-21 9-30-21 12-31-21 3-31-22 6-30-22 Operating revenue 4,113.1 4,125.1 4,215.0 4,295.3 16,748.6 4,277.2 4,289.9 Total assets 47,761.5 50,057.6 51,677.5 30,911.3 30,574.7 30,648.4 Operating e
Slide 19: Financial Statements - Non-consolidated
Appendix Financial Statements - Non-consolidated (KRW bn) 1Q21 2Q21 3Q21 4Q21 2021 1Q22 2Q22 (KRW bn) 3-31-21 6-30-21 9-30-21 12-31-21 3-31-22 6-30-22 Operating revenue 2,980.7 3,021.6 3,027.4 3,073.1 12,102.8 3,077.4 3,118.2 Total assets 31,787.5 32,710.6 32,167.4 26,389.1 26,090.8 25,878.5 Mobile
Slide 20: Financial Statements – SKB
Appendix Financial Statements – SKB (KRW bn) 1Q21 2Q21 3Q21 4Q21 2021 1Q22 2Q22 (KRW bn) 3-31-21 6-30-21 9-30-21 12-31-21 3-31-22 6-30-22 Operating revenue 967.0 997.1 1,024.4 1,060.6 4,049.2 1,026.0 1,032.8 Assets 5,736.5 5,705.3 6,039.4 5,997.8 5,931.6 6,105.7 Operating expenses 891.6 932.9 945.8
Slide 21: Operating Data
Appendix Operating Data (Thousands) 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 YoY QoQ SKT MNO Subscribers1) 28,932 29,034 29,089 29,308 29,383 29,422 29,696 29,832 30,250 3.0% 1.4% Net adds 184 101 55 219 74 39 274 136 418 461.6% 207.6% Activations 953 856 794 956 777 788 1,057 837 1,076 38.5% 28
Slide 22: SK telecom
1% SK "telecom