Hyundai Wia’s profit drops despite revenue rise in FY2018

The Hyundai Wia Corporation announced that its consolidated sales in the fiscal year ended in December 2018 were Korean won (KRW) 7.88 trillion, up 5.3% from KRW 7.49 trillion in the previous fiscal year, and operating profit was KRW 5 billion, down 69.9% from KRW 17 billion. “Our sales increased as the sales of engi....

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