Hyundai Motor back to profit in fourth-quarter with SUV sales boost
SEOUL- Hyundai Motor Co made a fourth-quarter profit after a loss from last year, owing to brisk SUV sales as with the Tucson and Palisade models.
The net profit of the South Korean motor company for the October-December period came in at 839 billion missing the estimate given by analysts of 998 bullion.
However, the operating profit came in at 1.24 trillion won, over the analyst average of 1.06 trillion won.
(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.