[Hyundai Motor Conference Call] "Hyundai Card 3Q Cumulative Operating Profit Achieves Highest Earnings in 9 Years"
[Asia Economy Reporter Suyeon Woo] Hyundai Motor Company stated on the 26th during the 2020 Q3 earnings conference call that "Hyundai Card focused on its PLCC strategy, establishing a base of 8.73 million active members, and through online-centered recruitment cost efficiency, achieved a cumulative operating profit for Q3 at a record high level exceeding 300 billion KRW annually for the first time in 9 years."
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They continued, "In the case of Hyundai Capital as well, with the start of operations of a leasing company in China this summer and the completion of the acquisition of a leasing company in Germany, we have laid the foundation to strengthen synergies in the group's mobility strategy," adding, "We will strive not only to expand coverage in Europe but also to discover and expand new business areas."
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