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Hyundai Motor's operating profit hits record high in 2011
Last Updated(Beijing Time):2012-01-26 14:12

Hyundai Motor, South Korea's No. 1 automaker, said Thursday that its operating profit hit a fresh record high last year helped by brisk overseas sales.

Consolidated operating profit, including earnings from overseas affiliates, reached a new high of 8.07 trillion won (7.2 billion U.S. dollars) in 2011, up 36.4 percent from a year earlier, according to a regulatory filing.

Sales expanded 16.1 percent on-year to 77.8 trillion won last year, with net profit surging 35.1 percent to 8.1 trillion won over the cited period.

Source:Xinhua 
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