SK hynix turns to loss in 2023

SK hynix Inc. on Thursday reported its 2023 net loss of 9.13 trillion won (US$6.8 billion), turning from a profit of 2.24 trillion won a year earlier. The company said in a regulatory filing that it posted an operating loss of 7.73 trillion won for the year, compared with a profit of 6.8 trillion won from the previous year. Annual sales fell 26.6 percent to 32.76 trillion won. Source: Yonhap News Agency