SK Hynix has reported record-breaking Q3 earnings, achieving sales of 17.6 trillion won and an operating profit of 7 trillion won, driven by high demand for HBM technology. This remarkable performance surpasses figures from 2018 and positions the company ahead in the semiconductor sector.
(p1) SK Hynix announced its Q3 earnings today.
(p2) Thanks to HBM, it achieved quarterly sales of 17.6 trillion won and an operating profit of 7 trillion won. The profit margin is very high at 40%.
(p3) This is the highest figure in history and significantly higher than the prosperous year of 2018. After going through a severe winter, the atmosphere is rapidly improving.
(p4) Compared to Samsung Electronics, it is far ahead in the semiconductor business. SK has also stated that the demand for HBM is solid.
(p5) As a result, there have been absurd articles stating that Morgan Stanley, which caused a big shock to the market with its semiconductor winter theory, has admitted to its mistakes.
(p6) The Morgan report came out on September 15, and the stock plummeted for a month before that, but starting a month before todays earnings announcement, only Hynix began to rebound. The market moves based on prior knowledge. Who exactly is the market? It seems that we, like individual investors, have no choice but to take a longterm perspective. Thank you.
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andy
Dec 09, 2024 18:02
Dec 09, 2024 18:02
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SK Hynix Q3 Earnings Break Records
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