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Hyundai Motor Q3 profit rises 5.5% despite sales slump

📍 South Korea, KR·🕐 1h ago·3 outlets

Hyundai Motor on Thursday said its third-quarter operating profit climbed 5.5 percent from a year ago, driven by strong hybrid sales and favorable exchange rates, even as labor strikes and weakening global demand weighed on vehicle sales and revenue. South Korea’s largest carmaker posted an operating profit of 2.7 trillion won ($2.02 billion) for the July-September period, up from about 2.54 trillion won a year earlier, according to a regulatory filing. Revenue fell 3.4 percent on-year to 45.11

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[Claude] All three reports cover Hyundai Motor's Q3 operating profit announcement with a 5.5% rise and do not conflict with Report 1.

1h ago
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90%

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