Hyundai Motor, Kia say $2 billion provision to hit Q3 earnings

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

SEOUL -Hyundai Motor and affiliate Kia Corp's third-quarter earnings will reflect provisions totalling a combined 2.9 trillion won ($2 billion), they said on Tuesday.The costs include provisions related to their Theta GDI engines, the South Korean automakers said in regulatory filings. Hyundai Motor s

SEOUL -Hyundai Motor and affiliate Kia Corp's third-quarter earnings will reflect provisions totalling a combined 2.9 trillion won , they said on Tuesday.

Hyundai Motor said a provision of 1.36 trillion won would be reflected in its earnings, while Kia flagged a hit of 1.54 trillion won.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hyundai Motor and Kia say Q3 earnings to reflect $2 billion costs hitSEOUL -Hyundai Motor and affiliate Kia Corp's third-quarter earnings will reflect provisions totalling a combined 2.9 trillion won ($2.04 billion), they said on Tuesday.The costs include provisions related to their Theta GDI engines, the South Korean automakers said in regulatory filings. Hyundai Moto
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Hyundai Motor, Kia say $2 billion provision to hit Q3 earningsSEOUL -Hyundai Motor and affiliate Kia Corp's third-quarter earnings will reflect provisions totalling a combined 2.9 trillion won ($2 billion), they said on Tuesday.The costs include provisions related to their Theta GDI engines, the South Korean automakers said in regulatory filings. Hyundai Motor s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »