Hyundai Motor Q3 profit beats expectations

Newswire

SEOUL, Oct 27 (Reuters) - Hyundai Motor Co. posted a better-than-expected 27 percent rise in quarterly profits, as a stronger performance at financial and overseas units offset the impact of a labour strike and a stronger won. South Korea's biggest carmaker, which aims to be one of the world's top six automakers by 2010, reported on Thursday third-quarter net profit rose to 534.9 billion won from a revised 421.0 billion won a year ago. This beat a 469 billion won net profit forecast from ...

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