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The Nexus
BUSINESSJul 29 · 12:30 UTCQUARTZCris Tolomia

SK Hynix posted a record profit but missed expectations — and its stock sank

SK Hynix reported a record operating profit of 60.54 trillion won, a 557% increase year on year, but fell short of the 64 trillion won forecast. Despite the profit surge, its stock price declined.

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