[Featured Stock] SK Hynix Rises on 'Record Quarterly High' Strong Earnings

SK Hynix's stock price is on the rise. It is interpreted that buying momentum surged after recording the highest quarterly performance on record in the third quarter.

At 2:11 PM on the 24th, SK Hynix was trading at 199,200 KRW, up 1.63% from the previous day.

SK Hynix announced on the same day that its consolidated operating profit for the third quarter of this year was tentatively estimated at 7.03 trillion KRW, turning to a profit compared to the same period last year.

Sales increased by 93.8% during the same period to 17.5731 trillion KRW. Net profit also turned positive to 5.7534 trillion KRW. Sales, operating profit, and net profit all reached record highs on a quarterly basis.