SK Telecom Co., Ltd. · KRX:017670
SK Telecom — Q2 2020 Earnings Presentation
14 slides from SK Telecom's earnings presentation, Aug 10, 2020
Slide 1: Investor Briefing 2020 2Q Results
Investor Briefing 2020. 2Q Results (K-IFRS, Non-audited) SK Telecom August 6, 2020 0
Slide 2: Disclaimer
Investor Briefing Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations and business of SK Telecom and its subsidiaries (the “Company”, or “SKT”) and plans and objectives of the management of the Company. The aforementioned fo
Slide 3: Contents
Investor Briefing Contents ’20. 2Q Highlights 3 MNO 6 Media 7 Security 8 Commerce 9 Financial Results 10 Financial Statements 11 Operating Data 13 2
Slide 4: '20. 2Q Highlights: Consolidated Financial Highlights
‘20. 2Q Highlights Investor Briefing Consolidated Financial Highlights (KRW bn) 2Q20 2Q19 YoY 1Q20 QoQ Operating Revenues 4,602.8 4,437.0 3.7% 4,450.4 3.4% MNO 1) 2,939.8 2,847.7 3.2% 2,922.8 0.6% Media 2) 918.4 790.1 16.2% 823.5 11.5% Security 3) 323.0 297.3 8.7% 291.4 10.8% Commerce 4) 192.6 177.5
Slide 5: '20. 2Q Highlights: Biz. Highlights
‘20. 2Q Highlights Investor Briefing Biz. Highlights □ Exclusively launched 5G smartphone with quantum enhanced cryptography, and accelerated 5G net adds with increased contactless subscription • 5G subscriber net adds : 550K 4Q19 → 560K 1Q20 → 700K 2Q20 • Unmatched device line-up with exclusive lau
Slide 6: '20. 2Q Highlights: Biz. Highlights
‘20. 2Q Highlights Investor Briefing Biz. Highlights □ SKT became the 2nd largest shareholder of Nanox, a next-generation medical device technology company • SKT invested a total of KRW 28.2 billion in Nanox, and the company is planning a Nasdaq IPO • Acquired exclusive business rights in Korea and
Slide 7: MNO
MNO Investor Briefing 5G subscriber expanded based on differentiated marketing strategies including launching exclusive devices and innovating distribution channels. Operating income expected to improve in full scale with continued revenue growth Mobile service revenue Marketing expense 2Q20 MNO ser
Slide 8: Media
Media Investor Briefing SK Broadband recorded revenue and operating income growth, due to IPTV subscriber increase and merger with t-broad SK Broadband revenue SK Broadband pay tv subscribers 2Q20 revenue increased by 16.2% YoY and Pay tv subscribers reached 8.4 million with 11.5% QoQ to record KRW
Slide 9: Security
Security Investor Briefing Achieved YoY growth thanks to ADT Caps’ continued subscriber base growth and business expansion in response to the changing 어 environment, as well as SK Infosec’s solid business earnings Revenue Business highlights 2Q20 revenue increased by 8.7% YoY and [1] ADT Caps 10.8%
Slide 10: Commerce
Commerce Investor Briefing Commerce business recorded revenue growth and an operating surplus thanks to aggressive targeting strategy in response to the growing contactless consumption trend Revenue Business highlights Commerce revenue in 2Q20 grew by 8.5% YoY, [1] 11st 1.2% QoQ with 11st’s GMV grow
Slide 11: Financial Results
Financial Results Investor Briefing Consolidated results SKT non-consolidated results 2Q20 revenue increased by 3.7% YoY, 2Q20 revenue recorded 3.2% YoY growth with thanks to growth of all 4 major business continued 5G subscriber net adds areas 2Q20 operating income decreased marginally 2Q20 operati
Slide 12: Financial Statements – Income Statements
Financial Statements – Income Statements Investor Briefing Consolidated Income Statement (KRW bn) 2018 1Q19 2Q19 3Q19 4Q19 2019 1Q20 2Q20 Operating revenue 16,874.0 4,334.9 4,437.0 4,561.2 4,410.6 17,743.7 4,450.4 4,602.8 Operating expenses 15,672.2 4,012.3 4,114.2 4,259.1 4,248.1 16,633.7 4,148.4
Slide 13: Financial Statements – Financial Position
Financial Statements – Financial Position Investor Briefing Consolidated Balance Sheet (KRW bn) 12-31-18 3-31-19 6-30-19 9-30-19 12-31-19 3-31-20 6-30-20 Total assets 42,369.1 43,346.5 42,590.6 43,983.8 44,611.6 44,332.1 45,957.2 Current assets 7,958.8 8,348.7 7,586.0 8,086.1 8,102.3 8,122.9 8,261
Slide 14: Operating Data
Operating Data Investor Briefing Subscribers (Thousands) 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 YoY QoQ 1) MNO subscribers 26,880 27,221 27,277 27,382 27,529 27,649 28,142 28,648 28,748 28,932 4.6% 0.6% Net adds 127 341 56 105 148 120 493 506 100 184 53.6% 84.3% Activations 1,017 1,154