RPT-S.Korea's Kia Motors Q4 profit beats forecasts

Newswire

(Repeats after corrected alert on recurring profit) SEOUL, Jan 27 (Reuters) - Kia Motors Corp. , South Korea's second-biggest auto maker, reported on Friday higher quarterly profit, as stronger sales of new models offset the impact of a firmer won currency and a strike by contract workers. Kia, an affiliate of the country's top carmaker Hyundai Motor Co. , posted a net profit of 263.8 billion won ($272.2 million) in the fourth quarter, compared to a 143.3 billion won profit a year ...

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