Kia Motors sees sharply higher op profit in 2006

Newswire

SEOUL, Jan 27 (Reuters) - Kia Motors Corp. , South Korea's second-largest auto maker, forecast on Friday operating profit would rise more than ten-fold to 800 billion won ($825.6 million) in 2006 from 2005. Kim Deuk-ju, director of Kia's Treasury Group, gave the forecast in a investor relations session.

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