Industry
SK On posts 4,414 billion won Q4 operating loss, widens 133 percent
SK On said on Tuesday it posted fourth-quarter revenue of 14.572 trillion won and an operating loss of 4.414 trillion won, widening the deficit from a year earlier and from the previous quarter. It said overall revenue fell as North American sales declined after the end of U.S. electric-vehicle purchase subsidies, despite higher sales volumes in Europe. Annual revenue totalled 69.782 trillion won, with an operating loss of 9.319 trillion won.
