SK Square posted consolidated first-quarter revenue of 300.3 billion won, operating profit of 8.3 trillion won and net profit of 8.4 trillion won, marking a record quarterly profit.

SK Hynix’s record profit had a positive impact on the results of SK Square, its largest shareholder.

SK Square said operating profit and net profit rose 400 percent and 419 percent, respectively, from a year earlier, based on equity-method profit from SK Hynix and profitability-focused management at its portfolio companies.

SK Square has focused on its artificial intelligence and semiconductor portfolio and recently rose to third by market capitalisation on the KOSPI. As of the May 13 close, its market value was about 157 trillion won, about 15 times higher than in early January last year and about 3 times higher than in early January this year.

SK Square’s net asset value, or NAV, discount rate, a key indicator of its corporate value enhancement, is also improving. As of May 13, the NAV discount rate was 46.6 percent, improved from 65.7 percent at end-2024 and 51.5 percent at end-2025.

SK Square will continue new investments and portfolio rebalancing centred on AI and semiconductors. It is preparing new investments as it seeks opportunities in areas such as easing AI bottlenecks and the semiconductor value chain.

SK Square plans to execute total shareholder returns of 310.0 billion won from this year to early next year. It bought back about 200.0 billion won worth of its own shares last year and plans to allocate more than that amount to shareholder returns this year.

SK Square CEO Jung-kyu Kim (김정규) said the company would focus on enhancing corporate value while increasing communication with shareholders throughout the year. He said it would innovate work through AI and prepare new investments in AI and semiconductors.