SK hynix Inc. reported preliminary record revenue and operating profit for the third quarter. Separately, its Nasdaq-listed American depositary receipts rose 12% Wednesday.
Net profit came to 39.7756 trillion won. SK hynix reported operating profit of 83.3338 trillion won and revenue of 104.6155 trillion won, quarterly records for both measures. The company said its review is unfinished and independent auditing could change the figures.
The receipts were at $162.81 at 11:24 a.m. ET (15:24 UTC) Wednesday.
SK hynix said it increased HBM4 deliveries during the July-September quarter. It expects HBM4 to exceed HBM3E in both shipment volume and revenue in the fourth quarter.
The company cited stronger prices for key products and broader demand for memory used in AI systems. Signed long-term agreements cover more than 50% of SK hynix’s total production capacity for 2027 and 2028, it said.
Technical challenges and long factory lead times could keep supply below demand through 2030, according to the company. SK hynix also plans about 100 trillion won in shareholder returns for 2026.
