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[백브리핑AI] SK Innovation’s operating profit of 4 trillion, ‘the biggest ever’… Continued deficit in the battery sector

[인포스탁데일리=김영택 기자] SK Innovation made an operating profit of nearly 4 trillion won last year.

This is the greatest performance ever.

However, the battery sector, which is considered a new business in the future while receiving full support, failed to turn a profit.

SK Innovation achieved annual sales of 78.569 trillion won and operating profit of 3.9989 trillion won last year.

This is a scandal that has increased 66.6% of sales and 129.6% of operating profit compared to 2021 years.

Annually, it achieved the highest performance ever, but it has fallen sharply since the fourth quarter of last year, and there is also analysis that it could be an honor which only hurts.

In fact, the operating loss for the fourth quarter was 683.3 billion won.

This was due to inventory-related losses in the oil business as oil prices and exchange rates fell together.

This is explained by the effect of the smaller refined margin.

The problem is that SK Innovation’s new growth engine, the battery business, has failed to turn a profit.

The battery business recorded sales of 7,617.7 billion won and an operating loss of 991.2 billion won.

The annual deficit of the battery sector alone is close to 1 trillion won.

Analysts say SK Innovation’s battery division has widened its deficit due to falling sales and rising electricity costs in Europe.

However, SK Innovation expects profitability to improve in the second half of the year as top line growth continues through product stabilization at new plants, such as the Georgia 1 Plant in the US and Hungary 2 Plant, and the Yancheng 2 Plant operation in China.

Reporter Kim Young-taek Ykim98@gmail.com

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