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Hyundai Motors reports operating profit down 30.8% in Q1, 2026

Hyundai Motor announced its 2026 first-quarter (Q1) financial results on April 23. Revenue rose 3.4 percent year over year to a record KRW 45.94 trillion, operating profit declined 30.8% to KRW 2.51 trillion, net profit decreased 23.6% to KRW 2.58 trillion. Revenue increased, mainly driven by strong sales of hybrid v....

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