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.