Subscribe & Follow
Advertise your job vacancies
Trending
Jobs
- Personal Lines Insurance Administrator Pretoria East
- Pre-owned Vehicle Manager Polokwane
- Vehicle Sales Executive Ermelo
- Vehicle Sales Executive Ermelo
- Vehicle Technician East Rand
- New Vehicle Sales Executive Middelburg
- Mini Sales Executive Durban
- Commercial Sales Executive Pinetown
- Vehicle Sales Manager Johannesburg North
- Part Sales Executive Witbank
Hyundai Motor second quarter net profit rises 10.4%
SEOUL: South Korea's largest carmaker Hyundai Motor said on Thursday, 26 July 2012, its second-quarter net profit rose 10.4 percent from a year earlier thanks to strong overseas sales.
Consolidated net profit was 2.55 trillion won ($2.22 billion) in April-June, compared with 2.3 trillion won a year earlier, the company said.
Sales rose 9.2 percent year-on-year to 21.94 trillion won and operating profit climbed 18 percent to 2.5 trillion won.
Favourable exchange rates absorbed the impact of sluggish domestic sales, the company said, adding it also benefited from higher product prices and lower steel costs.
Total first-half sales rose 11.5 percent from a year earlier to 2.18 million units, or 51 percent of its annual target of 4.29 million.
First-half domestic sales declined 4.6 percent to 327,963 but overseas sales were up 14.9 percent at 1.85 million.
Hyundai predicted steady growth in the second half thanks to robust overseas sales, especially in the United States and Europe.
Source: AFP
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
