Hyundai Motor reports unexpected rise in Q2 profit

Newswire

SEOUL, July 28 (Reuters) - Hyundai Motor Co. , South Korea's top auto maker, posted a surprise jump in quarterly profits on Thursday, as a better performance at its financial units and solid sales of top-end models offset the impact of higher steel costs and a stronger won. Hyundai, which aims to grow from the world's seventh-largest car maker to among the top six by 2010, said second-quarter net profit rose to 613.2 billion won from a revised 494.3 billion won a year ago. This topped ...

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