Hyundai Motor's Q3 operating profit rises 5.5% despite external challenges

Korea Times News ·
Business Corporate South Korea
South Korea

Hyundai Motor posted modest growth in operating profit in the third quarter, as stronger sales of higher-value vehicles, particularly hybrids, and favorable exchange rates helped offset production disruptions and weaker global demand, the carmaker said Thursday. In a regulatory filing, the automaker reported operating profit growth of 5.5 percent between July and September to 2.68 trillion won…

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