K-SignalAI-generated
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.


















