Hyundai Motor Q1 profit rises on robust exports

Newswire

SEOUL, April 29 (Reuters) - Hyundai Motor Co , South Korea's top auto maker, reported a rise in its quarterly profits on Thursday, helped by strong exports to Europe and smaller losses from its credit card unit. Hyundai, 10 percent owned by U.S.-German auto maker DaimlerChrysler AG , posted a net profit of 463 billion won for the first quarter ended March 31, compared with a 417.6 billion won profit a year ago. Sales were 6.21 trillion won versus 6.09 trillion. The profit topped a ...

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