S.Korea's Kia Motors Q4 profit sinks, outlook murky


SEOUL, Feb 18 (Reuters) - Kia Motors Corp. , South Korea's second-biggest automaker, reported lower quarterly profits on Friday, pinched by a stronger won, higher steel prices and hefty marketing costs. The first-quarter outlook for Kia, a sister firm of the country's top auto maker Hyundai Motor Co. , remains grim with few signs of a clear revival in domestic consumption. Kia earned a net profit of 168.1 billion won ($164 million) in the three months ended Dec. 31, against a profit of ...

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