SK hynix posts record profit for fifth straight quarter

SK hynix posted record quarterly operating profit for a fifth straight quarter as first-half revenue surpassed 100 trillion won ($67.77 billion).

WEC Energy Group reported a nearly 22 per cent rise in second-quarter profit on Wednesday, as higher electricity sales to commercial and industrial customers boosted revenue and offset rising costs.

SK hynix reported record quarterly earnings for the second quarter on Wednesday, with operating profit of 60.54 trillion won ($41.6 billion), a 557.2 percent jump from a year earlier as memory prices for AI servers kept climbing. Revenue reached 79.32 trillion won, up 256.8 percent on-year and 51 percent from the first

The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in Seoul on April 22, 2026. Jung Yeon-je | Afp | Getty ImagesSK Hynix on Wednesday posted another record quarterly profit, but missed analysts' estimates.Here are SK Hynix's second-quarter results compared with LSEG SmartEstimates, which ar

FILE PHOTO: A logo of Semiconductor and memory chip company SK Hynix during the company's debut at the Nasdaq market in New York City, U.S., July 10, 2026. REUTERS/Angelina Katsanis/File Photo 29 Jul 2026 06:57AM (Updated: 29 Jul 2026 07:11AM) SEOUL: South Korean chipmaker SK Hynix reported a more than sixfold increase