UPDATE 1-Kia reports record profits; outlook bright

Newswire

* Q4 net profit up eight-fold to record 603.9 bln won * Aims to lift global sales volume by 26.5 pct to 1.94 mln * Shares up 0.25 pct, outperforming wider market (Adds details, analyst, shares, background) By Cheon Jong-woo SEOUL, Jan 29 (Reuters) - Kia Motors, South Korea's No. 2 automaker, on Friday reported stronger-than-expected quarterly profit, bolstering hope it will continue to outpace rivals despite a strong won and an end to government handouts to car buyers. Earnings at ...

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