Hyundai Electric Reports Operating Profit of 4.3 Billion KRW in 1Q, Turning to Black Year-on-Year

[Asia Economy Reporter Minwoo Lee] Hyundai Electric announced on the 27th that it posted provisional results for the first quarter of this year with consolidated sales of 386.4 billion KRW and operating profit of 4.3 billion KRW. Compared to the same period last year, sales decreased by 7.5%, but operating profit turned positive. Net profit for the same period also turned positive, totaling 10.6 billion KRW.