Spot on and the chart's below illustrate all that has to be said about SK. Keep in mind Moody's also downgraded them to ' Negative ' as recent as August 2019......* Q3 operating profit 330 billion won, down 60.5% y/y (Adds comments fromSK Innovation saw a 60.5% drop in operating profit for the July-September period to 330 billion won ($284.31 million) because of inventory-related losses on a drop in oil prices, compared with 836 billion won over the same period a year earlier, according to the company statement.
