Hyundai Motor reports disappointing quarterly earnings
- 6 years ago
현대차, 상반기 영업이익 37% 감소한 1조6천321억원
Korea's largest automaker has reported disappointing earnings for the second quarter... despite a recovery in SUV sales to emerging markets.
Hyundai Motor's operating profit fell more than 29 percent from the same quarter last year to a little under 849-million U.S. dollars.
In the six months leading up to June, the company's operating income took a dip of over 37-percent on year, coming to around 1-point-5 billion dollars.
An official from the auto giant says... the sales recovery was overshadowed by unfavorable currency exchange conditions, stemming from a stronger Korean won against the greenback.
Korea's largest automaker has reported disappointing earnings for the second quarter... despite a recovery in SUV sales to emerging markets.
Hyundai Motor's operating profit fell more than 29 percent from the same quarter last year to a little under 849-million U.S. dollars.
In the six months leading up to June, the company's operating income took a dip of over 37-percent on year, coming to around 1-point-5 billion dollars.
An official from the auto giant says... the sales recovery was overshadowed by unfavorable currency exchange conditions, stemming from a stronger Korean won against the greenback.