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S Korea: Kia reports 18.2% op profit gain in Q2

While falling a little short of consensus estimates, Kia Motors has reported further year-on-year financial gains in Q2 2012, although pre-tax and net earnings, probably reflecting a conservative accounting stance towards provisioning, dipped a little from results seen in Q1. Q2 2012 net earnings were also 2.8% below the result reported in It’s time to log in … Continued

While falling a little short of consensus estimates, Kia Motors has reported further year-on-year financial gains in Q2 2012, although pre-tax and net earnings, probably reflecting a conservative accounting stance towards provisioning, dipped a little from results seen in Q1. Q2 2012 net earnings were also 2.8% below the result reported in

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