Hyundai Motor posts 2.2pc drop in first-quarter profit

April 23, 2015 9:28 AM

54 0

Hyundai Motor posts 2.2pc drop in first-quarter profit

SEOUL: South Korea's top automaker, Hyundai Motor, Thursday reported its fifth consecutive drop in quarterly earnings after a slump in emerging market currencies slashed profits in the first three months of the year.

Net profit for the January-March period fell 2.2 percent to 1.98 trillion won ($1.83 billion), compared with 2.03 trillion won a year ago, the company said in a statement.

Read more

To category page

Loading...