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Hyundai Motor's operating profit reduces 10.7 pct in Q1

(Xinhua)

14:54, April 25, 2013

SEOUL, April 25 (Xinhua) -- Hyundai Motor, South Korea's top automaker, saw its operating profit fall 10.7 percent in the first quarter from a year earlier, a regulatory filing showed Thursday.

Operating profit was 1.87 trillion won (1.68 billion U.S. dollars) in the three months ending March 31, down 10.7 percent from the same period of last year.

Sales increased 6 percent from a year before to 21.37 trillion won in the first quarter, while net income declined 14.9 percent to 2.09 trillion won.

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