Hyundai Motor Q3 net profit slides 23%, missing estimates

October 22, 2015 4:41 AM

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Hyundai has struggled to boost lacklustre sales in China and the United States, its two largest markets.

South Korea's Hyundai Motor Co said on Thursday its net profit fell 23 per cent in the third quarter from a year earlier, hit by a sharp slowdown in China sales and aggressive global incentives which outweighed gains in the won against the dollar.

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