DB HiTek shares fall 14.6% despite record quarterly profit
Korean chipmaker DB HiTek lost more than a tenth of its value in the latest session despite reporting a record quarterly operating profit of approximately $67 million.
Korean chipmaker DB HiTek lost more than a tenth of its value in the latest session despite reporting a record quarterly operating profit of approximately $67 m Published 2026-11-12 by Falling Shares.
| By Falling Shares Intelligence, edited by Wung Thomas, Editor-in-Chief
Written by Falling Shares Intelligence, our automated newsroom, from the public sources listed below and live market data. Every figure is checked against that material before publication, but the story has not been reviewed by a human editor. Check the linked sources before relying on it, and report errors to info@fallingshares.com.
Shares in DB HiTek fell 14.63% on Thursday after the company reported record operating profit, a move that erased significant recent gains. The stock closed at 84,000 KRW, marking its steepest decline in the current session.
Record profit meets selling pressure
DB HiTek shared preliminary third-quarter 2026 results showing consolidated revenue of KRW 403,358 million, a figure that represents a 2.68% drop from the prior year period. The company stated that full-throttle power semiconductor output drove a record quarterly operating profit of approximately $67 million, or 403.4 billion won.
Despite the strong earnings headline, the shares slid sharply in the latest session. None of the reports reviewed by Falling Shares gave a reason for the fall. The stock’s performance diverged from the broader market, which rose 3.1% on the same day.
Stock remains far from highs
By Falling Shares' measure, almost all of the move was company-specific, with the market contributing a 3.0% gain while the stock dropped 17.7% on a specific basis. The 5-day change stands at -0.9%, while the 1-month change is -28.7%.
The shares are now 62.0% below their 52-week high of 230,500 KRW. The stock has lost substantial value over the past year, though it remains up 44.0% over the last 12 months. The 3-month change is -8.7%.