SK Corporation

Corporate

SK Corporation is a South Korean global organization and one of the country's largest businesses with widespread interests worldwide. SK Corporation began operations in the early 1950s as a small textile manufacturer. It has grown and expanded to become one of the most successful vertically integrated companies of the world.
SK Corporation has also expanded to cover a wide range of business segments spread across 50 member companies.

SK Corporation is a Fortune 500 company.

Activities

SK Corporation's businesses cover three areas:
Energy and Chemicals

• Oil import
• Oil refining
• Gas processing
• Oil and gas distribution
• Chemicals, intermediates, petrochemicals, and lubricants.

Telecommunications

• Communication equipments
• Mobile communication
• Media recording technology
• Core film materials
• Telecommunications
• Analogue cellular service
• Digital CDMA wireless service
• DMB satellite
• Wireless service provider
• Corporate asset purchasing
• Integrated data center
• SLA system
• IT outsourcing
• System integration
• e-services
• VoIP, ISP,SMS
• Wireless paging
• INMARSAT services
• Automatic call router (ACR) services

Trading and services

• Clothing
• Telecommunications devices
• Operating gas stations
• Operating convenient stores
• Engineering
• Procurement
• Construction
• Maintenance services
• Tanker services that include Liquefied Natural Gas (LNG), Chemical tanker operations, and car-ferrying.
• Financial advisory services, underwriting, brokerage services, and settlement services
• Hotel management.

Performance:

In fiscal year 2005, SK recorded revenues of USD $21,633 million which was approximately 25.9% higher than in fiscal year 2004.

The total value of assets held by SK in fiscal year 2005 was USD $17,285 million, which was approximately 17.8% higher than in fiscal year 2004.

Value of assets over the last 3 fiscals (In million USD)

SK’s net income in fiscal 2005 was USD 1,665 million which was approximately 2.7 % higher than what it was in the last fiscal.

Organization

SK Corporation is headed by Mr. Tae-Won Chey, Chairman. SK Corporation employs over 43,600 globally.

SK Corporation's head office location:

99, Seorin-dong,
Jongro-gu,
Seoul 110-110,
Korea
Tel: 82.2.2121.5421-6
Fax: 82.2.2121.7009
www.sk.com