Hyundai Motor earnings result

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Hyundai Motor earnings result

Jan 25, 2018-Goyang, South Korea-Hyundai Motor Company vehicles displayed at Hyundai Motor Studio in Goyang, South Korea. Hyundai Motor says its fourth-quarter earnings rose a lower-than-expected 3 percent, hurt by weaker overseas sales, while its operating income slumped to its lowest level since 2010. South Korea's largest automaker said Thursday its October-December net profit was 1.03 trillion won ($970 million) on sales of 24.5 trillion won ($23 billion). Operating income slumped 24 percent to 775 billion won ($730 million), missing estimates. Hyundai's annual net profit in 2017 was the lowest in eight years, sinking 25 percent to 4 trillion won ($3.8 billion). (Photo by Seung-il Ryu/NurPhoto)


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