SEOUL, Korea, Republic Of (AP) _ SK Telecom Co. (SKM) on Thursday reported third-quarter profit of $309.5 million.

On a per-share basis, the Seoul, Korea, Republic Of-based company said it had net income of 47 cents.

The telecommunications company posted revenue of $3.78 billion in the period.

SK Telecom shares have dropped slightly more than 2% since the beginning of the year. The stock has decreased almost 2% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SKM at https://www.zacks.com/ap/SKM

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News