On the back of SK hynix having released record results and a large-scale share cancellation plan, it is surging 7% in the NextTrade after-market (After-Market·3:40 p.m.–8 p.m.).
As of 5:18 p.m. on the day, SK hynix is at 856,000 won on NextTrade (NXT). That is 56,000 won (7%) higher than the previous day's close (800,000 won).
SK hynix closed at 841,000 won in the regular session on the day, up 41,000 won (5.13%) from the previous trading day.
On the day, SK hynix said it achieved the highest-ever quarterly results, posting sales of 32.8267 trillion won, operating profit of 19.1696 trillion won, and an operating margin of 58% in the fourth quarter of last year. On an annual basis, it recorded sales of 97.1467 trillion won, operating profit of 47.2063 trillion won (operating margin 49%), and net profit of 42.9479 trillion won (net margin 44%).
In addition, SK hynix decided to cancel 15.3 million common shares. Based on the closing price of 800,000 won on the 27th, the planned cancellation amount is about 12.24 trillion won.