Samsung, SK hynix shareholder return policies in focus ahead of Q3 earnings
Shareholder return policies of Samsung Electronics and SK hynix are gaining market attention ahead of their announcements for third-quarter earnings, as investors see them as a key way to address the mismatch between the chipmakers' record-breaking profits and their sluggish share prices. Samsung Electronics is set to announce its three-month financial results during its earnings call on…
The upcoming third-quarter earnings announcements for Samsung Electronics and SK hynix are drawing significant attention from investors, as shareholder return policies are seen as a crucial factor to address the disparity between the chipmakers' record-breaking profits and their underperforming share prices. Samsung Electronics is set to unveil its financial results on Thursday, while SK hynix will release its figures on Wednesday.
Analysts anticipate exceptionally strong earnings, driven by surging demand for memory chips and ongoing supply constraints, which have led to increased average selling prices in the market. Samsung Electronics projected third-quarter revenue of 195 trillion won ($146.96 billion) and operating profit of 107.4 trillion won, marking it as the first Korean company to surpass 100 trillion won in quarterly operating profit.
SK hynix is expected to report 98.23 trillion won in revenue and 76.96 trillion won in operating profit for the same period.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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