SK Hynix Inc. said its normalized net income for the second quarter was 1,172.89 South Korean won per share, compared with the S&P Capital IQ consensus estimate of 1,610.77 won per share.
EPS rose 55.3% year over year from 755.45 won.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 853.90 billion won, an increase of 59.7% from 534.80 billion won in the prior-year period.
The normalized profit margin climbed to 18.4% from 13.6% in the year-earlier period.
Total revenue increased 18.2% on an annual basis to 4.639 trillion won from 3.923 trillion won, and total operating expenses grew 14.9% from the prior-year period to 3.263 trillion won from 2.839 trillion won.
Reported net income rose 64.6% year over year to 1.108 trillion won, or 1,522.00 won per share, from 673.20 billion won, or 950.95 won per share.
As of Nov. 3, US$1 was equivalent to 1,132.99 South Korean won.
