Hyundai Motor Sees 1.3% Decline in Net Profit Amid Sluggish Car Demand
Thursday, 25 April 2024, 07:12
Hyundai Motor's Earnings Decline Overview:
Hyundai Motor, the leading automaker in South Korea, encountered a modest 1.3% drop in net profit for the quarter ended March. The company attributed this decline to the subdued demand for cars and highlighted the competitive landscape in the industry, along with escalating marketing expenditures.
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