Citrini analyst: SK Hynix's operating profit is expected to reach 60.4 trillion KRW, 8% below market expectations

According to Odaily, Citrini analyst Jukan posted on X that local South Korean brokerages expect SK Hynix's operating profit to reach 6.04 trillion KRW, representing a quarter-on-quarter increase of 61% and a year-on-year increase of 556%. However, this is still 8% below the market consensus of 6.5 trillion KRW. The lower-than-expected result is mainly due to SK Hynix's higher proportion of HBM revenue compared to its peers, resulting in its average selling price rising less than the market average.