Kia Q2 net profit up 963.2 pct. to 1.34 tln won

SEOUL, July 22 (Yonhap) — Kia Corp. on Thursday reported its second-quarter net income of 1.34 trillion won (US$1.2 billion), up 963.2 percent from a year earlier.Operating profit for the April-June period was 1.48 trillion won, up 924.5 percent from …

Hyundai Q2 net soars on base effect, SUV models

SEOUL, July 22 (Yonhap) — South Korea’s Hyundai Motor Co. said Thursday its second-quarter net profit more than quintupled compared with a year earlier on a base effect and strong sales of its high-end sport utility vehiclesNet profit for the three mo…