Comment on Hyundai Motor's 3Q profit falls 28 percent

Hyundai Motor's 3Q profit falls 28 percent

SEOUL, South Korea (AP) — Hyundai Motor Co. said Thursday its profit sank nearly 30 percent for the July-September quarter, hurt by a stronger South Korean currency and weak sales growth in its home market. [...] sudden volatility in foreign exchange rates at the end of September raised some expenses, it said. Hyundai's share price closed 6 percent higher after the earnings release, the biggest jump since the announcement of the land purchase.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News