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Hyundai Q3 profit up despite sales dip

Hyundai Motor's third-quarter operating profit rose 5.5% year-on-year to 2.6772 trillion won, even as sales fell 3.4% to 45.1102 trillion won, according to Yonhap and Maeil Business. The gain was driven by stronger hybrid sales and favorable exchange rates, which offset an 11% drop in sales volume due to domestic factory strikes and weak global demand. However, net profit fell 24.2% on production disruptions, and the company lowered its annual sales and profitability targets while scaling back investment plans. Korean media, including Dong-A Ilbo and Korea Times, highlight the contrast between improved operating profit and reduced sales, with Yonhap noting the net decline. Hyundai also rose to 29th in Interbrand's global brand ranking with a $25 billion brand value, per Korea Times.

  1. Hyundai Motor's Q3 operating profit rises 5.5% despite external challenges Korea Times · 2026-10-29
  2. 현대차, 3분기 매출 줄었지만 영업익 증가 동아일보 · 2026-10-29
  3. [속보] 현대차 3분기 영업이익 2조6772억원…작년 동기 대비 5.5%↑ 매일경제 · 2026-10-29
  4. (2nd LD) Hyundai Motor Q3 net falls 24.2 pct on production disruptions, weak demand Yonhap · 2026-10-29
  5. Hyundai Motor rises to No. 29 in Interbrand's global brand ranking Korea Times · 2026-10-28

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