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FINWIRES

SK Innovation Swings to Profit in Q2

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SK Innovation (KRX:096770) posted a second-quarter profit attributable to shareholders of 215 billion won, compared with a loss of 772.2 billion won a year earlier, according to a Thursday exchange filing.

Sales rose 50% year over year to 29.2 trillion won from 19.5 trillion won.

The company posted operating profit of 3.49 trillion won, compared with an operating loss of 401.6 billion won a year earlier.

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