SK Hynix reports record Q3 profit and unveils 100 trillion‑won shareholder return plan
SK Hynix announced third‑quarter revenue of 104.6155 trillion won and operating profit of 83.3338 trillion won, delivering an 80 % operating margin. The results represent a 632 % year‑on‑year rise in operating profit. The company also disclosed a shareholder‑return programme of about 100 trillion won for the fiscal year, comprising cash dividends of at least 30 trillion won and share repurchases of more than 60 trillion won.
Why it matters
The massive cash‑return package will increase the payout ratio and may support the stock price after a recent decline (the company said the plan aims to address undervaluation). The record profit and margin highlight the strength of AI‑driven memory demand, which could sustain earnings growth in the coming years.
Key facts
- 1Third‑quarter revenue was 104.6155 trillion won. biz.chosun.com
- 2Third‑quarter operating profit was 83.3338 trillion won. biz.chosun.com
- 3Operating margin reached 80 %. biz.chosun.com
- 4Operating profit grew 632 % year‑on‑year. investing.com
- 5The company plans to return roughly 100 trillion won to shareholders this fiscal year. biz.chosun.com
- 6Cash dividends of at least 30 trillion won are included in the plan. koreatimes.co.kr
Summary written by AlphAI AI Desk from 20 of 43 sources. Not investment advice. Figures are as stated by the linked sources.