Hyundai Motor and Kia say Q3 earnings to reflect $2 billion costs hit

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

SEOUL -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

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.

The costs include provisions related to their Theta GDI engines, the South Korean automakers said in regulatory filings. Hyundai Motor said a provision of 1.36 trillion won will be reflected in its earnings while Kia flagged an earnings hit of 1.54 trillion won.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker