Hyundai Motor Reports Strong Q2 Financial Growth
Company Announcements

Hyundai Motor Reports Strong Q2 Financial Growth

Hyundai Motor Sponsored GDR (GB:HYUD) has released an update.

Hyundai Motor Company has reported a solid financial performance in Q2 2024, with a 10.7% increase in sales revenue and a significant 23.6% rise in net profit compared to the previous quarter. Year-over-year results also show healthy growth, with a 6.6% increase in sales revenue and a notable 24.7% surge in net profit. These tentative figures, based on Korean International Financial Reporting Standards, are subject to final confirmation and external audit review.

For further insights into GB:HYUD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyTesla shares of EVs in U.S. slip below 50% in Q2, NY Times reports
TheFlyHyundai Motor reports June sales of 67,631 units, down 2.5% year-over-year
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!