Hyundai Mobis announces y/y increases in Q1 sales and profit  [ Korea ]

Hyundai Mobis announced its consolidated financial results for January-March 2016. Sales reached KRW 9,339.5 billion, a 6.8% increase from the KRW 8,747.5 billion generated in the same quarter in 2015. Operating profit was KRW 718.4 billion, a 2.2% rise year-on-year (y/y), and net profit was KRW 795.2 billion, up 11.4% y/y. The company says growth in sales of high-spec products led to higher sa...
<Apr 27, 2016>