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Hyundai Q3 profit up despite sales drop

Hyundai Motor's third-quarter operating profit rose 5.5% year-on-year, even as sales volume fell over 11% due to domestic factory strikes and weaker global demand, with gains driven by higher-value vehicle sales, hybrids, and favorable exchange rates. Net profit, however, dropped 24.2%, per Yonhap. The company has lowered its annual sales and profitability targets and scaled back investment plans to address uncertainty. Korean media (Dong-A Ilbo, Korea Times) report the same figures, noting revenue fell to 45.11 trillion won. HD Hyundai, the shipbuilding holding company, saw Q3 net profit jump 40% to 1.38 trillion won, per Yonhap.

  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. (2nd LD) Hyundai Motor Q3 net falls 24.2 pct on production disruptions, weak demand Yonhap · 2026-10-29
  4. (LEAD) HD Hyundai Q3 net profit up 40 pct to 1.38 tln won Yonhap · 2026-10-28

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