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  • Kia Motors posts 18.5% increase in Q2 profit
    Kia Motors posts 18.5% increase in Q2 profit
    Kia Motors, South Korea’s second-largest carmaker, said it posted second-quarter operating profit of 770.9 billion won (US$679.20 million), up 18.5 percent from the same period last year. From the first quarter of 2016, operating profit rose 21.7 percent, the carmaker said in a regulatory filing on July 27.By Ahn Sung-mi (sahn@heraldcorp.com)
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Kia Motors posts 18.5% increase in Q2 profit

July 27, 2016 - 10:16 By 안성미
[THE INVESTOR] Kia Motors, South Korea’s second-largest carmaker, said it posted second-quarter operating profit of 770.9 billion won (US$679.20 million), up 18.5 percent from the same period last year. 

From the first quarter of 2016, operating profit rose 21.7 percent, the carmaker said in a regulatory filing on July 27.

By Ahn Sung-mi (sahn@heraldcorp.com)
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