SOUTH KOREA: Kia Q1 profit down 14%
Hyundai Motor affiliate Kia said yesterday that net profit for the first quarter fell 14% due to a drop in vehicle sales. Net income fell to 98.9 billion won ($US78 million) in January-March 2002 period from 115.5 billion won in Q1 2001. Operating profit fell 31% to 120.2 billion won, while sales slipped 1.6% to 2.8 billion won.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable