Seoul, Apr 29: South Korea's largest automaker Hyundai Motor today posted a weaker-than-expected operating profit for the three months to March, sparking a sharp fall in its share price.
The company said its operating profit for the period dropped 27.3 per cent from a year earlier to 461 billion won (USD 400 million) because of sluggish domestic demand. The figure was at the lower end of market expectations of 460-520 billion won.
Bureau Report
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