Hyundai profit up on sales leap
Hyundai profit up on sales leap
08:41, April 23, 2010 
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Hyundai Motor Co, South Korea's largest automaker, said quarterly profit jumped fivefold to a record after an economic recovery spurred demand for new models at home, Europe and the US.
Net income totaled 1.13 trillion won ($1 billion) in the three months ended March 31, from 225 billion won a year earlier, the Seoul-based carmaker said. That compares with the 790.3 billion won average of 26 analyst estimates compiled by Bloomberg. Sales rose 40 percent to 8.42 trillion won.
Source:China Daily
Net income totaled 1.13 trillion won ($1 billion) in the three months ended March 31, from 225 billion won a year earlier, the Seoul-based carmaker said. That compares with the 790.3 billion won average of 26 analyst estimates compiled by Bloomberg. Sales rose 40 percent to 8.42 trillion won.
Source:China Daily
（Editor：黄蓓蓓）
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