SK Telecom Co., the country’s top mobile operator, said Thursday its fourth-quarter net profit advanced 71.4 percent.

Net profit came to 503.3 billion won ($465 million) in the October-December period, compared with 293.6 billion won tallied a year earlier, SK Telecom said in a regulatory filing.

Sales fell 0.1 percent on-year to 4.28 trillion won, and operating profit also decreased 3.9 percent to 490 billion won over the cited period.

For all of 2014, the company posted a net profit of 1.79 trillion won, up 11.8 percent from a year earlier. Its sales advanced 3.4 percent on-year to 17.16 trillion won while operating profit shed 9.2 percent to 1.82 trillion won.

The yearly results came in line with the median estimate of 1.76 trillion won suggested by South Korea’s 13 brokerage houses, according to the data compiled by Yonhap Infomax, the financial news arm of Yonhap News Agency.

The securities firms surveyed had also predicted an average 17.3 trillion won in sales and 1.83 trillion won in operating profit for 2014. (Yonhap)