Kia Motors targets 990 bln won 2003 op profits

Newswire

SEOUL, Feb 20 (Reuters) - Kia Motors Corp , South Korea's second-largest auto maker, said on Thursday the company is targeting 990 billion won in operating profits this year and 16.4 trillion won of sales. The company gave the details in a statement given to the Korea Stock Exchange. The auto maker's shares, which have underperformed the main stock index by 12 percent over the last six months, ended the day down 1.8 percent at 7,770 won versus a 0.78 percent gain in the main index.

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