ID :
197965
Fri, 07/29/2011 - 06:11
Auther :
Shortlink :
https://oananews.org//node/197965
The shortlink copeid
Kia Motors Q2 net jumps 66.8 pct on strong sales
SEOUL, July 29 (Yonhap) -- Kia Motors Corp., South Korea's second-largest automaker, said Friday that its second-quarter earnings surged 66.8 percent on-year, fueled by brisk domestic and overseas sales.
Net profit reached 1.12 trillion won (US$1.07 billion) in the April-June period, compared to 676.1 billion won tallied a year earlier, the company said in a regulatory filing.
Sales rose 25.2 percent on-year to 11.58 trillion won in the three-month period, and operating profit spiked 55.8 percent to 1.03 trillion won, it said.
All figures are consolidated, meaning they encompass results from Hyundai's domestic and overseas affiliates.
Net profit reached 1.12 trillion won (US$1.07 billion) in the April-June period, compared to 676.1 billion won tallied a year earlier, the company said in a regulatory filing.
Sales rose 25.2 percent on-year to 11.58 trillion won in the three-month period, and operating profit spiked 55.8 percent to 1.03 trillion won, it said.
All figures are consolidated, meaning they encompass results from Hyundai's domestic and overseas affiliates.
