SK Hynix shares jump nearly 11% after beating forecasts and announcing 100 trillion won in distributions
SK Hynix shares rose nearly 11% in Seoul and closed at 1,487,000 won after the South Korean company reported third-quarter results above consensus. Operating profit grew 632% year on year to 83.33 trillion won, versus an estimate of 77.5 trillion, and revenue rose 328% to a record 104.615 trillion. The company presented a plan to distribute about 100 trillion won to shareholders during 2026 and expects the memory shortage to persist until 2030.
In 40 seconds
- Third-quarter operating profit: 83.33 trillion won, up 632% year on year and above the 77.5 trillion consensus.
- Record revenue of 104.615 trillion won (+328%) and net profit of 39.78 trillion (+216%).
- Plan to distribute about 100 trillion won in 2026: at least 30 trillion in dividends and a minimum of 60 trillion in buybacks and cancellations.
IASummary generated by artificial intelligence from a story by Revista ADVFN. It may contain errors: the original source prevails.




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