UPDATE 1-Kia swings to operating profit in Q1; shares jump

Newswire

(Adds details, analyst, shares) By Cheon Jong-woo SEOUL, April 25 (Reuters) - Kia Motors Corp said on Friday it swung to a first quarter operating profit, beating expectations, buoyed by a weaker won and a rise in higher-margin local sales. South Korea's No.2 auto maker, an affiliate of the country's top auto maker Hyundai Motor Co , is expected to benefit from a softer won as it sells almost 80 percent of its products abroad and from higher sales of the Morning minicar. A company ...

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