Kia Motors turns to profit in Q4 on sales, won

Newswire

SEOUL, Jan 25 (Reuters) - Kia Motors Corp , South Korea's No. 2 auto maker, on Friday said it turned to a quarterly profit, helped by a weaker won and a reduction in costs. Kia, an affiliate of the country's top car maker Hyundai Motor Co , reported 37.9 billion won ($39.94 million) in net profit during the quarter ended on Dec. 31, missing an 80 billion won profit forecast by 11 analysts in a Reuters poll. That compared to a revised 214 million won net loss a year earlier and 55.1 ...

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