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Hyundai Q3 Operating Profit Climbs 5.5% as Revenue and Net Profit Fall

Sales increased in North America and India, despite declines in revenue and net profit.

Updated 1 min read
Finished vehicles move through a final inspection lane at Hyundai Motor's Ulsan plant in South Korea. / EconoTimes.ai
Finished vehicles move through a final inspection lane at Hyundai Motor's Ulsan plant in South Korea. / EconoTimes.ai

Hyundai Motor Company’s third-quarter figures showed mixed results, with operating profit rising year over year while revenue and net profit declined across the same reporting period.

Operating profit reached 2.68 trillion won, a 5.5% increase on the year-earlier period. Revenue totaled 45.11 trillion won, down 3.4%, while net profit was 1.93 trillion won, 24% lower.

Sales also increased in the North American and Indian markets.

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