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…
As Samsung Electronics and SK hynix prepare to release their third-quarter earnings, shareholder return policies have become a focal point for investors. The chipmakers have seen record-breaking profits, yet their share prices have remained sluggish, prompting concern over the disconnect between the two metrics.
Samsung Electronics is scheduled to disclose its three-month financial results on Thursday, while SK hynix plans to release its earnings on Wednesday. Both companies are anticipated to report exceptionally strong earnings due to the surge in demand for memory chips and ongoing supply constraints, which have led to higher average selling prices in the market.
Samsung Electronics' earnings guidance, released on October 8, projects a revenue of 195 trillion won ($146.96 billion) and an operating profit of 107.4 trillion won for the quarter. If these projections are met, the company would become the first Korean firm to achieve over 100 trillion won in quarterly operating profit. SK hynix is forecasted to generate 98.23 trillion won in revenue and 76.96 trillion won in operating profit during the same period.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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