UPDATE 2-Hyundai gains on Japan rivals with strong Q1 results


* Q1 net profit 1.88 trln won vs 1.28 trln won year go * Strong global sales of new models, market recovery lift earnings * Hyundai, Kia biggest beneficiaries from Japan's output slump-analysts * Hyundai shares gain more than 5 pct after results (Adds background, comments) By Hyunjoo Jin SEOUL, April 28 (Reuters) - Hyundai Motor Co reported a 47 percent rise in quarterly profit on Thursday and said earnings would continue to grow thanks to strong global demand for new models and as ...

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