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SK Telecom’s Annual Net Profit Plunges 73% Due to Data Breach Costs

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Seoul, Feb 5 (IANS) SK Telecom, South Korea’ leading mobile carrier, said on Thursday its annual net profit plunged 73 per cent from a year earlier in 2025 due mainly to massive compensation costs following a data breach that affected its entire 25 million-user base.The company posted net profit of 375.1 billion won ($255.6 million) last year, compared with a profit of 1.39 trillion won in 2024, the company said in a regulatory filing. Its operating income fell 41.1 percent on-year to 1.07 trill…