SK Telecom Co., Ltd. · KRX:017670
SK Telecom — Q3 2020 Earnings Presentation
14 slides from SK Telecom's earnings presentation, Nov 6, 2020
Slide 1: Investor Briefing 2020. 3Q Results
Investor Briefing 2020. 3Q Results (K-IFRS, Non-audited) SK Telecom November 5, 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. 3Q Highlights 3 MNO 6 Media 7 Security 8 Commerce 9 Financial Results 10 Financial Statements 11 Operating Data 13 2
Slide 4: '20. 3Q Highlights: Consolidated Financial Highlights
‘20. 3Q Highlights Investor Briefing Consolidated Financial Highlights (KRW bn) 3Q20 3Q19 YoY 2Q20 QoQ Operating Revenues 4,730.8 4,561.2 3.7% 4,602.8 2.8% MNO 1) 2,940.6 2,911.5 1.0% 2,939.8 0.0% Media 2) 966.8 803.5 20.3% 918.4 5.3% Security 3) 353.3 306.0 15.5% 323.0 9.4% Commerce 4) 206.6 174.0
Slide 5: '20. 3Q Highlights: Biz. Highlights
‘20. 3Q Highlights Investor Briefing Biz. Highlights □ 5G subscriber base grew at an accelerated rate each quarter, reaching 4.26 million as of the end of Q3 2020 • Stronger coverage and contactless channels, various 5G services such as Jump AR/VR, 5GX Cloud games led to higher 5G subscriber net add
Slide 6: '20. 3Q Highlights: Biz. Highlights
‘20. 3Q Highlights Investor Briefing Biz. Highlights □ Security business recorded the highest ever quarterly revenue at KRW 350 billion, thanks to the expansion of new non-face-to-face services • Actively explored new business areas by responding to demand for non-face-to-face services, including Ca
Slide 7: MNO
MNO Investor Briefing Accelerated 5G expansion led to continued revenue growth Confirmed SKT’s 5G leadership through customer satisfaction & 5G quality assessment results Mobile service revenue Marketing expense Recorded KRW 2.5 trillion thanks to 5G Achieved efficient cost management through subscr
Slide 8: Media
Media Investor Briefing SK Broadband achieved both revenue growth of over 20% and improved profitability, mainly led by pay tv subscriber growth SK Broadband revenue SK Broadband pay tv subscribers Revenue recorded KRW 966.8bn, up 20.3% Pay tv subscribers reached over 8.5 million, YoY and 5.3% QoQ,
Slide 9: Security
Security Investor Briefing Revenue grew by 15.5% YoY due to ADT Caps’ subscriber increase and new business expansion, as well as stronger sales of SK Infosec Revenue Key business highlights ADT Caps’ subscriber net adds and new [1] ADT Caps business growth, as well as stronger sales of SK • Maintain
Slide 10: Commerce
Commerce Investor Briefing 11st achieved both revenue growth and positive operating profit in the same quarter for the first time, confirming the effectiveness of its growth strategy Revenue Key business highlights By strategically responding to the non-face- [1] 11st to-face consumption trend, 11st
Slide 11: Financial Results
Financial Results Investor Briefing Consolidated results SKT non-consolidated results 3Q20 revenue increased by 3.7% YoY, with 3Q20 revenue increased by 1.0% YoY thanks to all 4 major business areas achieving solid higher 5G subscriber net adds growth. Operating income was up 19.7% Operating income
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 3Q20 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 4,730.8 Operating expenses 15,672.2 4,012.3 4,114.2 4,259.1 4,248.1 16,
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 9-30-20 Total assets 42,369.1 43,346.5 42,590.6 43,983.8 44,611.6 44,332.1 45,957.2 46,658.5 Current assets 7,958.8 8,348.7 7,586.0 8,086.1 8,10
Slide 14: Operating Data
Operating Data Investor Briefing Subscribers (Thousands) 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 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 29,034 3.2% 0.3% Net adds 127 341 56 105 148 120 493 506 100 184 101 -79.4% -45.1% Activa