Hyundai Motor: Announces Results (Consolidated Basis) for 2018 – Operating Income – 47% Decrease

Hyundai Motor: Announces Results (Consolidated Basis) for 2018 – Operating Income – 47% Decrease

Seoul

January 31, 2019

Hyundai Motor:

January 24, 2018 annual and fourth quarter (October to December) results (consolidated basis) announced.

Results of 2018 (see Table 1)

amount of sales

97 trillion 251.6 billion won (about 9 trillion, 7.252 trillion yen, 1 won = about 0.1 yen) increased by 0.9% from the previous year

Operating income

Decrease by 47.1% to 2,422.2 billion won

Net income decreased by 63.8% to 1.645 billion won

Worldwide unit sales in 2018

It decreased by 0.8% from the previous year to 4,499,000 units.

By country / region (see Table 2)

China and the United States decline

India, Western Europe, Brazil, Russia Increase

Domestic sales in Korea increased by 4.7% to 721,000 units.

– JETRO

https://www.jetro.go.jp/biznews/2019/01/5a64649cc2cc69f2.html