S.Korea Hyundai Mobis sees 2003 net up 5.3 pct

Newswire

SEOUL, Dec 30 (Reuters) - South Korea's auto parts maker Hyundai Mobis Co said on Monday it expected net profit to rise more than five percent in 2003 versus this year's target. Hyundai Mobis, a unit of the country's largest automaker Hyundai Motor Co , sees its 2003 net profit at 400 billion won ($334 million) versus 380 billion won estimated for this year, spokesman Kim Myung-in told Reuters. The company expects sales of 4.7 trillion won next year compared to 4.1 trillion won this ...

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