Hyundai Motor Securities, 1Q Operating Profit 57 Billion KRW... 72% Increase YoY

[Asia Economy Reporter Minwoo Lee] Hyundai Motor Securities announced on the 29th that it posted provisional consolidated results for the first quarter of this year with sales of 244 billion KRW and an operating profit of 57 billion KRW. Compared to the same period last year, sales decreased by 22.9%, while operating profit increased by 71.9%. Net profit for the period was recorded at 41.2 billion KRW, up 67.4% during the same period.