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Hyundai Motor posted record sales of over W9 trillion in the second quarter (US$1=W1,007). The company announced W9.17 trillion in sales for the April-to-June period, W662.6 billion in operating profit and W546.9 billion in net profit.
While sales grew 12.7 percent and operating profit 6.4 percent year-on-year, net profit was down 10.6 percent from last year's second quarter.
In the first half of the year Hyundai sold 908,233 vehicles, earning W17.3 trillion in sales, W1.2 trillion in operating profit and net profit of W939.6 billion. The carmaker enjoyed a record 16.9 percent sales increase year-on-year thanks to strong sales volume and foreign exchange gains.
(englishnews@chosun.com )
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