Hyundai Industrial Reports 3.4 Billion KRW Operating Profit in 4Q, Down 19% Year-on-Year

[Asia Economy Reporter Ji Yeon-jin] Hyundai Industry announced on the 14th that its sales in the fourth quarter of last year reached 72.7 billion KRW, an increase of 16.81% compared to the same period last year.

During this period, operating profit decreased by 19.14% to 3.4 billion KRW, while net profit increased by 20.75% to 4.2 billion KRW.

Last year's sales amounted to 249.3 billion KRW, up 18.81%, and operating profit and net profit increased by 3.85% and 13.93% respectively, reaching 13.1 billion KRW and 12.6 billion KRW.