Kia Motors posted US $105 mil. profits in Q3 despite slight dip in sales
- 6 years ago
South Korean auto giant Kia Motors posted an operating profit in the third quarter, a welcome turnaround from the losses recorded during the same period last year.
Net profits also rose, despite sales edging down.
Kia Motors said Friday that its third quarter operating profit came to around one-hundred-five million U.S. dollars, up from a three-hundred-eighty million dollar loss in the same period last year.
It also lodged a net profit of around two-hundred-60 million dollars in the July to September period.
Kia's Q3 sales were around twelve billion dollars, zero-point-two percent lower than the same period last year.
Net profits also rose, despite sales edging down.
Kia Motors said Friday that its third quarter operating profit came to around one-hundred-five million U.S. dollars, up from a three-hundred-eighty million dollar loss in the same period last year.
It also lodged a net profit of around two-hundred-60 million dollars in the July to September period.
Kia's Q3 sales were around twelve billion dollars, zero-point-two percent lower than the same period last year.