Business
/C O R R E C T I O N -- SK hynix Inc./
SK hynix Inc. (or "the company", www.skhynix.com) announced today that it recorded best-ever yearly performance with 66.1930 trillion won in revenues, 23.4673 trillion won in operating profit (with an operating margin of 35%), and 19.7969 trillion won in net profit (with a net margin of 30%).
About this update from Sk Hynix Inc.
[{"type":"text","content":"In the news release, SK hynix Announces 4Q24 Financial Results, issued 22-Jan-2025 by SK hynix Inc. over PR Newswire, we are advised by the company that the 3rd paragraph, 1st sentence, should read "In particular, fourth quarter revenues went up by 12% to 19.7670 trillion won, operating profit up 15% to 8.0828 trillion won (with an operating margin of 41%) from the previous quarter and net profit recorded 8.0065 trillion won (with a net margin of 41%)." rather than "In particular, fourth quarter revenues went up by 12% to 19.7670 trillion won, operating profit up 15% to 8.0828 trillion won (with an operating margin of 41%) from the same period last year and net profit recorded 8.0065 trillion won (with a net margin of 41%)." as originally issued inadvertently. The complete, corrected release follows:","length":831,"tagName":"p"},{"type":"heading","content":"SK hynix Announces 4Q24 Financial Results","length":41,"tagName":"h3","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues for 2024 at 66.1930 trillion won, operating profit at 23.4673 trillion won, net profit at 19.7969 trillion won","length":119,"tagName":"p"}]},{"val":[{"type":"text","content":"Revenues for Q4 at 19.7670 trillion won, operating profit at 8.0828 trillion won, net profit at 8.0065 trillion won","length":115,"tagName":"p"}]},{"val":[{"type":"text","content":"Achieving best-ever quarterly and yearly performance with increased sales of AI memory products including HBM and eSSD","length":118,"tagName":"p"}]},{"val":[{"type":"text","content":"Company to affirm the possibility of achieving sustainable profit through differentiation of AI product competitiveness and profitability-oriented operation","length":156,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":508,"olType":false},{"type":"text","content":"SEOUL, South Korea, Jan. 22, 2025 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) announced today that it recorded best-ever yearly performance with 66.1930 trillion won in revenues, 23.4673 trillion won in operating profit (with an operating margin of 35%), and 19.7969 trillion won in net profit (with a net margin of 30%).","length":353,"tagName":"p"},{"type":"text","content":"Yearly revenues marked all-time high, exceeding the previous record in 2022 by over 21 trillion won ...