SK Hynix Reports Record Quarterly Revenue and Operating Profit, Announces $75 Billion Shareholder Return Plan

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-28
Category: business
Source: closelook.net

SK Hynix announced record quarterly revenue of 104.6 trillion won and an operating profit of 83.3 trillion won, achieving an operating margin near 80%. The company also unveiled a shareholder-return plan for 2026 totaling approximately 100 trillion won (around $75 billion), including at least 30 trillion won in dividends and over 60 trillion won in buybacks and cancellations. Despite a net profit below estimates due to foreign-exchange and investment-valuation losses, the stock rose significantly.

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