Hyundai Livart Reports Operating Profit of 23.6 Billion KRW Last Year, Down 50.9% YoY

[Asia Economy Reporter Hwang Yoon-joo] Hyundai Livart announced on the 11th that its operating profit on a consolidated basis last year was 23.6 billion KRW, a decrease of 50.9% compared to the previous year. During the same period, sales amounted to 1.2376 trillion KRW, down 8.4%, and net profit was 19.3 billion KRW, down 50.5%.

Operating profit in the fourth quarter decreased by 88.5% to 890 million KRW, while sales and net profit were 325.2 billion KRW and 20 million KRW, respectively.