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End-of-day quote
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5-day change | 1st Jan Change | ||
| 116,600 KRW | +0.34% |
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+3.92% | +16.60% |
| 04:19am | South Korea shares gain following upbeat US tech earnings | RE |
| Apr. 25 | South Korea's Hyundai, Kia to launch first India-made EVs next year | RE |
SEOUL (Reuters) - South Korea's Hyundai Motor reported on Thursday it swung to a net loss for the October-December quarter, bucking analysts' estimates for a profit, as its vehicle sales skidded in the key China market.
Hyundai, the world's No.5 automaker along with affiliate Kia Motors Corp, reported a net loss of 129.8 billion won (£87.9 million) for the fourth quarter, compared with the average 784 billion profit estimate of 14 analysts based on I/B/E/S Refinitiv data.
Its operating profit fell 35 percent to 501 billion won and sales climbed 5 percent to 25.67 trillion won.
(Reporting by Hyunjoo Jin; Editing by Muralikumar Anantharaman)
| 1st Jan change | Capi. | |
|---|---|---|
| +16.60% | 33.64B | |
| +9.79% | 94.83B | |
| +12.27% | 87.28B | |
| -0.75% | 80.69B | |
| +21.80% | 74.23B | |
| +23.31% | 48.77B | |
| +11.90% | 23.76B | |
| -4.81% | 19.19B | |
| +50.24% | 11.78B | |
| -10.47% | 10.01B |
KIA CORPORATION 
