Yonhap News Agency, January 25 news, Hyundai Motor released a performance report on the 25th, preliminary verification of last year's operating profit of 6.6789 trillion won (about 35.3 billion yuan), an increase of 178.9% over the previous year, the highest value since 2014. Sales increased by 13.1% to a record high of KRW 117.6106 trillion.
Last year, Hyundai Motor's operating profit margin was 5.7%, net profit was 5.6931 trillion won, up 195.8% year-on-year, and vehicle sales increased by 17% year-on-year to 3,890,726 units.
Operating profit in the fourth quarter of last year increased by 21.9% year-on-year to KRW 1.5297 trillion; operating margin was 4.9%, and current profit and net profit were 1.4743 trillion won and 701.4 billion won, respectively. Sales increased by 6.1% year-on-year to KRW 31.0265 trillion. Global sales decreased by 15.7% y/y to 960,639 units.
![Volvo released earnings report, Q4 adjusted operating profit fell 8% year-on-year[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)