Kia Motors Q4 Operating Profit Up 117% YoY... Annual Net Profit 1.5 Trillion KRW
[Asia Economy Reporter Ji Yeon-jin] Kia Motors announced on the 27th that its sales revenue for last year was tentatively estimated at 59.168 trillion KRW, an increase of 1.8% compared to the previous year.
Operating profit for the fourth quarter increased by 117%, resulting in an annual increase of 2.8% to 2.0664 trillion KRW. Net profit for the period decreased by 17.7% compared to the previous year, amounting to 1.5027 trillion KRW.
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Kia Motors will pay a cash dividend of 1,000 KRW per share.
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