INTEL: SK Hynix Q3 operating profit hits 83.33 trillion won, above 77.5 trillion estimate
SK Hynix reported third-quarter operating profit of 83.33 trillion won, ahead of the 77.5 trillion won estimate. Sales came in at 104.62 trillion won, above the 98.96 trillion won estimate.
Net profit was the exception. The company posted 39.53 trillion won, well short of the 59.66 trillion won estimate.
Results against estimates
On the figures published, operating profit beat the estimate by 5.83 trillion won and sales beat by 5.66 trillion won. Net profit missed by 20.13 trillion won.
- Operating profit: 83.33 trillion won vs 77.5 trillion won estimate
- Sales: 104.62 trillion won vs 98.96 trillion won estimate
- Net profit: 39.53 trillion won vs 59.66 trillion won estimate
The figures available do not explain the gap between the operating and net profit results, and no company commentary accompanied them. Details such as the source of the estimates, year-on-year comparisons and any guidance were not part of the information supplied.
