Hyundai Motor posts operating profit

July 26th, 2012 - 1:34 pm ICT by IANS  

Seoul, July 26 (IANS) Hyundai Motor, South Korea’s No.1 automaker, posted 2.5 trillion won ($2.18 billion) in operating profit for the second quarter, a regulatory filing showed Thursday.

Consolidated operating profit, which includes profits from overseas affiliates, reached 2.5 trillion won during the April-June period, up 17.7 percent from a year earlier, according to the regulatory filing. From three months before, the profit expanded 9.6 percent, reported Xinhua.

Sales advanced 9.2 percent year-on-year to 21.94 trillion won in the three months ending June 30, and net income amounted to 2.55 trillion won, up 10.4 percent from the same period last year.

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