Hyundai said Tuesday in its earnings briefing it posted 6.3 trillion won in operating profits, 15.8 percent down from the previous years. This is the lowest level since 2010 when the company posted 5.9 trillion won in operating income.
During the same period, its sales increased 3 percent to 91 trillion won but its net income dipped 14.9 percent to 6.5 trillion won.
Its rate of operating profits of last year stood at 6.9 percent, 1.6 percent down from the previous year's 8.5 percent. Hyundai Motor's annual rate of operating profits dropped to 6 percent from 9.5 percent in 2013.
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