Hyundai Motor’s Q4 profit beats expectation on brisk SUV sales

Hyundai Motor posted a better than
expected quarterly operating profit in q4 mainly thanks to improve SUV sales
the Korean carmakers operating profit for that period was over 1.06 billion
u.s. dollars 18 percent higher than the average estimate the company’s revenue
was up ten and a half percent its net profit 720 million dollars looking at
the entire URI Hyundai’s operating profit jumped 52 percent and its sales
were up 9.3% reaching almost 91 billion dollars according to the firm’s senior
vice president the addition of new models including a new Legrand ur pushed
up the sales