Meritz Securities expects SK Hynix's pre-tax profit in Q2 to exceed 100 trillion KRW, driven by investment gains and chip price increases.

(1) Meritz Securities analyst Kim Sun-woo expects that SK Hynix's pre-tax profit in the second quarter will exceed 100 trillion Korean won, including 6.01 trillion Korean won in operating profit, and a one-time investment gain of 4.16 trillion Korean won from the stake in Kioxia held via Bain Capital. (2) If this forecast is realized, the performance will surpass the company's record of 5.88 trillion Korean won in operating profit set in the first quarter, reaching a historic high. (3) The analyst added that in the second quarter, DRAM and NAND memory chip prices rose by 30% and 49% respectively, providing strong momentum for the performance growth.