SK Networks Co. on Monday reported its first-quarter net profit of 5.4 billion won (US$4.1 million), down 81.8 percent from a year earlier.

The company said in a regulatory filing that it posted 53.1 billion won in operating profit for the quarter, compared with 43.3 billion won a year ago. Revenue fell 2 percent to 2.44 trillion won.

Source: Yonhap News Agency