Hyundai Motor's operating profit drops 18.1%
Hyundai Motor
Seoul - XINHUA
Hyundai Motor, South Korea's largest car maker, saw its operating profit decline 18.1 percent in the first quarter from a year earlier, regulatory filing showed Thursday.
Operating profit tumbled 18.1 percent from a year earlier to 1. 59 trillion won (1.47 billion U.S. dollars) in the three months ending March 31.
Revenue retreated 3.3 percent from a year earlier to 20.94 trillion won in the first quarter, and net income fell 2.2 percent to 1.98 trillion won during the quarter.
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