Operating profit of SK On worldwide 2016-2023

Published by
Jang Seob Yoon,
Jul 26, 2024

In 2023, SK On had an operating loss of more than 581 trillion South Korean won. This was a significant improvement from the previous year, which recorded the largest loss during the surveyed years. Major products of SK On were medium to large batteries for electric vehicles and Energy Storage Systems (ESS), as well as a Battery-as-a-Service (BaaS) business model.

Operating profit of battery company SK On from 2016 to 2023 (in billion South Korean won)

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Release date

March 2024

Region

Worldwide, South Korea

Survey time period

2016 to 2023

Special properties

consolidated

Supplementary notes

*SK Innovation's battery sector was split into a subsidiary company called SK On since October 2021.

Figures have been rounded.

1,000 South Korean won equals 0.72 U.S. dollars or 0.67 euros as of July 2024.

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