S. Korea's SK Hynix Inc profit up 350 percent in Q1


(MENAFN) Net profit of the South Korea-based SK Hynix Inc saw a 350 percent growth in the first quarter of the current year compared to a year earlier, according to Oman Observer. The company's net profit for the quarter was estimated at USD771.7 million compared to USD171 million in the same quarter 2013. Revenue also boosted by 34.6 percent year-on-year in the first quarter of 2014, while operating profit grew to USD0.0010 trillion compared to USD304 million.


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