SK hynix said on the 28th that last year's revenue and operating profit rose sharply on strong demand for memory chips.
According to the "change of 30% or more in sales or profit structure" disclosed by the company that day, on a consolidation basis last year's revenue was 97.1466 trillion won, up 46.8% from the previous year (66.1929 trillion won). Over the same period, operating profit rose 101.2% to 47.2063 trillion won, profit from continuing projects before corporate tax was 50.4655 trillion won, and net profit was 42.4790 trillion won, up 111.3% and 116.9%, respectively.
The financial structure also improved significantly. As of the end of last year, total assets were 176.1076 trillion won, up by more than 56 trillion won from a year earlier, and total equity increased by more than 46 trillion won to 120.6667 trillion won. Total liabilities increased to 55.4409 trillion won, but the expansion of equity was larger.
The company cited increased revenue and profit from strong demand for memory chips as the main reasons for the improved results. The figures are preliminary and unaudited, and may be adjusted based on the results of the external audit.