South Korea: Hyundai reports Q1 margin of 10.0%

Hyundai has released details of its consolidated (K-IFRS) financial performance in the first quarter of 2011, indicating strengthening margins on the back of higher unit sales and revenue. The company's consolidated revenue in Q1 2011 amounted to Won 18,233bn (US$16.9bn), a Won 3,212bn, or 21.4% gain from the Won 15,021bn reported Subscribe to Automotive World … Continued

• By Webmaster
• April 28, 2011