Hyundai Card Q3 Net Profit 76.3 Billion KRW... 11.3% Increase YoY
Hyundai Card announced on the 14th that its net profit for the third quarter of this year reached 76.3 billion KRW, an increase of 11.3% compared to the same period last year.
Operating profit for the same period rose 8.6% to 96.6 billion KRW.
Due to specialized overseas travel products and services, as well as Apple Pay, credit sales volume increased by 12.8% to 123.1887 trillion KRW.
The delinquency rate recorded 1.03%, up 0.04 percentage points from 0.99% in the same period last year.
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A Hyundai Card official stated, "Despite increased provisions due to the rise in financial transaction volume and higher interest expenses, net profit continued to grow this year following last year, maintaining steady growth."
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