Hyundai Notches First Profit of Year in Third Quarter

Newswire

* Q3 net profit 2.3 trln won vs consensus of 2.17 trln won * China, Brazil sales strong on new factories * Aging models, tight supply, competition crimp U.S., Korea sales * Shares end down 1.9 pct in rising market By Hyunjoo Jin SEOUL, Oct 24 (Reuters) - South Korean auto giant Hyundai Motor Co posted a modest profit gain following third consecutive quarters of decline as strong sales in China and Brazil countered lacklustre performances at home and in the United States. The ...

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