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MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  SK Telecom Co.,Ltd    A017670   KR7017670001

SK TELECOM CO.,LTD

(A017670)
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AIA, SK seek cooperation to enhance social values

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05/10/2019 | 09:26am EST

By Kim Bo-eun AIA Group CEO Ng Keng Hooi met SK Group Chairman Chey Tae-won in Seoul, Thursday, to seek cooperation in the area of corporate social responsibility (CSR), AIA Korea said Thursday. The Korean unit of the global insurance firm said that the leaders discussed ideas and opportunities for bilateral projects in the future.

The meeting was held as the two companies are conducting a joint project, and their leaders share a corporate philosophy based on social values. AIA Korea, SK Telecom and SK Holdings are in a partnership in operating AIA Vitality X T Health Walking, an application which seeks to improve public health through encouraging people to walk more.

The number of subscribers to the application exceeded 1 million as of April. Ng invested in a shared value-creating business model at the life insurance group, which is designed to benefit consumers, companies, partners and local communities.

Chey, meanwhile, has shown continued interest in CSR. He spoke about the role of corporations in pursuing sustainable social values at the Davos Forum in Switzerland earlier this year 'The meeting between the two CEOs was a valuable opportunity for the two companies to discuss ways to collaborate in contributing to local communities and creating social values in Korea and other Asian countries where they operate their businesses,' an AIA spokesman said.

'With both CEOs sincerely looking to share social values with all stakeholders, we hope to put forward more proactive action plans for the future.' The AIA Group CEO, based in Hong Kong, made a two-day visit to Seoul for meetings with the life insurers' local executives and staff.

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(c) 2019 Korea Times Co. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
AIA GROUP LIMITED -0.19% 77.3 End-of-day quote.1.05%
SK HOLDINGS CO., LTD -1.46% 203000 End-of-day quote.1.50%
SK TELECOM CO.,LTD -0.69% 216000 End-of-day quote.-0.69%
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Financials (KRW)
Sales 2020 18 698 B
EBIT 2020 1 277 B
Net income 2020 1 441 B
Debt 2020 8 128 B
Yield 2020 4,63%
P/E ratio 2020 12,1x
P/E ratio 2021 8,18x
EV / Sales2020 849x
EV / Sales2021 816x
Capitalization 15 871 B
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 28
Average target price 313 518,52  KRW
Last Close Price 217 000,00  KRW
Spread / Highest target 65,9%
Spread / Average Target 44,5%
Spread / Lowest Target 14,7%
EPS Revisions
Managers
NameTitle
Jung-Ho Park President, Chief Executive Officer & Director
Jin-Won Kim Head-Finance
Jin-Hyo Park Head-ICT Technology division
Dae-Sik Cho Non-Executive Director
Dae-Shick Oh Independent Director
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