SK Hynix Reports Operating Profit of 2.7127 Trillion KRW Last Year, Down 87% Year-on-Year
[Asia Economy Reporter Oh Ju-yeon] SK Hynix announced on the 31st that its operating profit on a consolidated basis last year was 2.7127 trillion KRW, a decrease of 87.0% compared to the previous year. Sales amounted to 26.9907 trillion KRW, down 33.3%, and net profit was 2.0164 trillion KRW, a decrease of 87.0%.
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The company explained that this was "due to a decline in demand and prices caused by the continued downturn in the memory industry."
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