On Wednesday, SK Hynix announced that it achieved an operating profit exceeding KRW 10 trillion (around USD 6.97 billion) in the third quarter for the very first time. This remarkable feat was primarily attributed to its outstanding performance in the high - bandwidth memory (HBM) segment. Regulatory filings reveal that the company's operating profit for the third quarter soared to KRW 11.38 trillion. This figure marks a substantial increase compared to the KRW 7.02 trillion recorded during the same period the previous year. Moreover, its net profit reached KRW 12.59 trillion, representing a more than twofold rise on a year - on - year basis. Additionally, its revenue witnessed a 39.1% growth, reaching KRW 24.44 trillion.
