SK hynix Shifts to Black in 2024

Seoul: SK hynix Inc. on Thursday reported its 2024 net income of 19.79 trillion won (US$13.8 billion), swinging from a loss of 9.13 trillion won a year earlier.

According to Yonhap News Agency, the company's operating income for the year was 23.46 trillion won, compared with a loss of 7.73 trillion won from the previous year, as stated in a regulatory filing. The annual revenue of SK hynix rose by 102 percent, reaching 66.19 trillion won.