Market Overview

SK Hynix Posts Q3 Net Profit

Share:
Related HXSCL
A Word In Defense Of Western Digital
7 Under-The-Radar Ways To Play Apple's Supply Chain
Why All The Micron DRAMa? Buy The Fear (Seeking Alpha)

South Korean SK Hynix (OTC: HXSCL) reported a narrower Q3 operating loss.

SK Hynix posted a quarterly operating loss of 15.1 billion won (US$13.7 million), versus a year-ago loss of KRW277 billion. However, analysts were expecting an operating loss of KRW77 billion.

It posted a net profit of KRW2 billion ($1.8 million), versus a year-ago net loss of KRW563 billion. SK Hynix's sales gained 5.8% to KRW2.423 trillion from KRW2.291 trillion.

Posted-In: profitEarnings News

 

Related Articles (HXSCL)

View Comments and Join the Discussion!