Hyundai Motor's 2nd Q profit up by 10pc

Hyundai Motor's 2nd Q profit up by 10pc
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Summary Hyundai said it earned 2.5 trillion won in the three months ended June 30.

Hyundai Motor said its second quarter net profit rose 10 percent, driven by demand for its vehicles in overseas markets.South Koreas largest carmaker said Thursday it earned 2.5 trillion won ($2.2 billion) in the three months ended June 30. The quarterly figure was slightly higher than market consensus.Hyundai said its second quarter revenue grew 9 percent to 21.9 trillion won while its operating profit was 18 percent higher over a year earlier at 2.5 trillion won.The company said auto sales in Europe and the United States grew more than 10 percent during the first half of this year, offsetting lower sales in South Korea.
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